Financial nonprofit organization Better Markets has sounded the alarm over the potential approval of a spot Ether exchange-traded fund (ETF), warning that it could pose a significant threat to the stability of the broader financial system. In a recent supplemental comment letter addressed to the Securities and Exchange Commission (SEC), the organization expressed concerns that approving such ETFs would intertwine the crypto industry with traditional finance, exacerbating systemic risks already introduced by equivalent bitcoin products.&middot

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