TechFlow, May 25 — According to Nate Geraci, president of The ETF Store, who posted on X: "A year ago... the U.S. Securities and Exchange Commission (SEC) 'unexpectedly' approved spot Ethereum exchange-traded funds (ETFs). My original view, which I still hold, is that the regulator had no choice but to approve them following Grayscale's legal victory over the SEC, and I hope one day we will learn the full story. Since then, although the regulatory environment has changed significantly, there has still been no official approval for any other spot cryptocurrency ETFs."
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