TechFlow news — Jake Chervinsky, Chief Legal Officer at Variant Fund, posted: "If a spot ETH ETF really gets approved, everyone I know who understands the regulatory landscape in Washington would be shocked. But that doesn't mean it won't happen. Such an approval could signal a major shift in U.S. crypto regulation following the vote on overturning SAB 121—and that shift might be even more significant than the ETF itself."
Previously, the bill to overturn SAB 121 passed through the House of Representatives on May 8 and the Senate on May 17. President Biden is expected to make his final decision on the bill by May 28.




