A recent source has revealed that Ethereum Spot Exchange-Traded Fund (ETF) applicants are confident about approval from the United States Securities and Exchange Commission (SEC).
Eleanor Terret Reveals Ethereum ETF Issuers’ Opinions
Fox Business reporter and journalist Eleanor Terret has shared diverse anticipations regarding the SEC’s position, disclosing possible obstacles and several viewpoints. Terret took to the social media platform X (formerly Twitter) to share the development with the crypto community.
In the X post, Terret noted several distinct anonymous sources that have commented on the development. One of the sources that has offered commentary on the subject is a Bitcoin spot issuer with an Ethereum spot ETF application.
Terret reported that the informant conjectured that the SEC would be forced to allow Ethereum spot exchange-traded products. This is due to the successful launch of multiple Spot Bitcoin ETFs two weeks ago.
The journalist also highlighted another r
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