Ethereum's (ETH) price revealed a continuation of uncertainty among traders on Thursday despite optimism expressed by Grayscale about its spot ETH ETF.
Ethereum co-founder alleges that the SEC aims to stifle innovation through its enforcement actions against Ethereum -related companies. Grayscale CEO says he's optimistic the SEC would approve its spot ETH ETF application. Bloomberg analyst says they're as pessimistic as ever that spot ETH ETFs wouldsee approval in 2024. Ethereum 's price revealed a continuation of uncertainty among traders on Thursday despite optimism expressed by Grayscale about its spot ETH ETF.
He also mentioned that the US election in November is a big variable in determining whether a spot ETH ETF will come to market. Uh, disagree. We are as pessimistic as ever. I mean at some point it could happen, but not within a year IMO. What they say in denial and the Nov election are big variables that could fine tune the outlook tho. Btw he also said they withdrew the '33 Act Ether Futures ETF bc they… https://t.
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