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CryptoIntelligence 2024-03-20 22:12:04

Ethereum’s Path to ETF Approval Faces Uncertainty Amid Increased SEC Scrutiny

John Lo, the founder of Recharge Capital, shared insights with Cointelegraph regarding the future of Ether exchange-traded funds (ETFs) in the U.S., emphasizing a less certain path compared to the previously approved Bitcoin ETFs. He anticipates that the Securities and Exchange Commission (SEC) will intensify its examination of all forthcoming crypto-based ETFs, particularly those related to Ether. Lo highlighted, “Scrutiny towards cryptocurrency ETFs has only grown, as you could argue to a certain degree that the SEC was forced to approve the Bitcoin ETFs because of its case with Grayscale. No doubt, the SEC internally views that as a huge

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