The success of spot Bitcoin ETFs within just two months of launch has clearly irked some lawmakers in the U.S. On Thursday, March 14, Senator Reed and Senator Butler wrote to the U.S. Securities and Exchange Commission (SEC) urging them to refrain from approving additional Exchange-Traded Products (ETPs) for alternative tokens beyond Bitcoin. Indirectly, the lawmakers have been pushing the SEC to deny the spot Ethereum ETF that has been recently under consideration.
The success of the BTC spot products clearly ruffling some feathers on the Hill. @SenatorJackReed and @Senlaphonza write to the @SECGov urging:-no further ETPs for other tokens-make life difficult (i.e. examinations/reviews) for brokers and advisers that recommend BTC ETPs pic.twitter.com/enxdumC02N
— Alexander Grieve (@AlexanderGrieve) March 14, 2024
ETH Is More Liquid Than Most S&P 500 Stocks
Paul Grewal, Chief Legal Officer at Coinbase, respectfully responds to Senators, providing evidence that contradicts their a
We współpracy z: https://coingape.com/stop-anti-spot-ethereum-etf-campaign-eth-more-liquid-than-most-sp-500-stocks/
