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Edited by Sona59 at 25-12-2023 01:08 PM
Industry observers state that Grayscale Investments' victory over the SEC in August at the Washington, D.C. Circuit Appeals Court has propelled the latest applications for spot Ethereum ETFs.
Nate Geraci, President of ETF Store, commented, Grayscale is clearly paving the regulatory path for spot crypto ETFs, and other fund companies are eager to follow suit. There is no doubt that Grayscale's recent legal victory is the primary catalyst for these spot Ethereum ETF applications, and ARK and VanEck have evidently been prepared for Grayscale's favorable outcome and swiftly seized the opportunity to apply for spot Ethereum ETFs. |
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