Bloomberg Analyst: SEC May Make Concessions on Ethereum
Bloomberg analyst James Seyffart recently discussed a noteworthy development in his blog. The U.S. Securities and Exchange Commission (SEC) has changed its stance on Ethereum. Seyffart stated that with the approval of Ethereum futures ETFs, the SEC is subtly acknowledging that Ethereum may be considered a commodity rather than a security. If the SEC changes its stance and classifies Ethereum as a security, it would have a significant impact.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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