🔥🔥🔥 Reuters: High possibility that SEC will reject Etherreum Spot ETF proposals!!!
⏩ According to Reuters, issuers and companies in the United States predict that the US Securities Commission (SEC) will likely reject applications to launch Ethereum Spot ETFs after not very positive meetings in recent weeks. This.
⏩ The reason these issuers said was that their meetings with the SEC did not go as expected, and the member representing the leading US financial regulatory agency did not go into detail about the issues. Recommended Ethereum ETF products.
⏩ Experts, specifically senior analyst at Bloomberg Eric Balchunas, also speculate that the SEC's Ethereum spot ETF approval rate in May is only 35%, and may not even be approved. Meanwhile, GSR Markets predicts this rate is only 20%.