Blockchain InformationStandard Chartered Forex Chief: SEC May Approve Ethereum Spot ETF by May 23rd
Standard Chartered Bank's Head of Forex Business,2021 latest mining blockchain app Geoffrey Kendrick, revealed that the U.S. Securities and Exchange Commission (SEC) is expected to approve Ethereum spot ETFs on May 23. This marks the final deadline for the approval of the first batch of Ethereum spot ETFs. Kendrick's assessment is primarily based on the SEC not categorizing Ethereum as a security in legal actions against cryptocurrency companies. The listing of ETH as a regulated futures contract on the Chicago Mercantile Exchange has also contributed to this expectation.
Disclaimer：
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Related Recommendations
- Bitcoin Solaris Secures LBank Listing as $11 Entry Point Nears End
- India Witnesses Record Cryptocurrency Trading Volume in November 2023, Average Investor Age Rises
- Creditors Claim DCG Has Not Fully Repaid Genesis Loan
- BTC Miner Revenue Hits $1.59 Billion in December 2023; GBTC Daily Average Trading Volume Up by 63.4%
- Profitability Rates for Long
- Blockfence: Over 1,300 Cryptocurrency Scams Have Stolen $32 Million Since April 2023
- CertiK: Over $1.756 Billion in Losses Caused by Security Incidents in the Crypto Sector This Year
- Hector Network Liquidation Redemption Contract Suspected to Be Attacked
