Galaxy Digital says approval of a spot Ethereum-ETF is unlikely

Home / Galaxy Digital says approval of a spot Ethereum-ETF is unlikely

Galaxy Digital research director Alex Thorne said the likelihood of an Ethereum-ETF being approved in May is extremely low.
The SEC has little to no dialog with applicants to launch ETFs.

He also believes that the SEC may consider whether the 2014 ICO for Ethereum was an unregistered offering of securities.

The SEC may also consider whether the 2014 ICO for Ethereum was an unregistered offering of securities.

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