US SEC Can Deny Spot Ether ETF, Says Ex-Blockchain Association Official

The Securities and Exchange Commission (SEC) has the authority to reject spot Ethereum (ETH) ETF proposals, potentially citing correlation issues without directly addressing Ether’s security status. This approach allows the SEC to avoid definitive classification, leading to ongoing uncertainty. Recent statements suggest that the SEC will refrain from labeling Ether unless pressured to do so, The post US SEC Can Deny Spot Ether ETF, Says Ex-Blockchain Association Official appeared first on CoinGape .