Why The Approval Of The Ethereum ETF Backs The SEC In A Corner

in LeoFinance9 months ago

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The SEC approved the applications for the Ethereum Spot ETF.

In this video I discuss how this changes some things. It sets a precedent that the SEC will have a tough time combating which means the door could be open for other coins.


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I thought this was already the case once they approved BTC ETFs. ETH ETFs being approved just cements this. I think the only thing hindering other coins from going for their own ETFs, is the demand and willingness of the big companies to make one.

Pandora's box is now open. What will happen next is anyone's guess.

Crypto is really starting to feed Tradfi.

Sounds like serious good news to crypto world

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