TechFlow news, Grayscale Chief Legal Officer Craig Salm said there has been a lot of discussion recently about spot Ethereum ETFs, and personally believes such ETFs should be approved.
He noted "insufficient SEC engagement": In the final months before Bitcoin ETFs were approved, Grayscale and other institutions actively communicated with the SEC, discussing various detailed issues—nearly identical to those surrounding spot Ethereum ETFs. Therefore, he believes that limited regulatory involvement should not be taken as an indication of whether approval will or won't happen.
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