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President of The ETF Store: Ethereum Spot ETF Approval Influenced by Grayscale's Legal Victory

President of The ETF Store: Ethereum Spot ETF Approval Influenced by Grayscale's Legal Victory

Bitget2024/06/17 06:45

Nate Geraci, President of The ETF Store, stated on X that the mainstream media's coverage of the approval process for Ethereum spot ETFs is a mess. I was told this is a 'political pivot'. What I want to point out is Grayscale's victory in the Bitcoin spot ETF lawsuit (and its impact). Regardless of how you view Grayscale, they are the regulatory bulldozer for Bitcoin and Ethereum spot ETFs.

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