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Home » Typography Elements » “Bloomberg Analyst: US SEC Likely to Utilize ETH’s Security Characteristics to Reject Spot ETF”

“Bloomberg Analyst: US SEC Likely to Utilize ETH’s Security Characteristics to Reject Spot ETF”

By adminMay. 11, 2024No Comments2 Mins Read
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"Bloomberg Analyst: US SEC Likely to Utilize ETH's Security Characteristics to Reject Spot ETF"
"Bloomberg Analyst: US SEC Likely to Utilize ETH's Security Characteristics to Reject Spot ETF"
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As a professional translator, I would like to translate this news article into English using a descriptive tone. The sentences will be accurate and coherent, and I will appropriately retain proper nouns and include all

references. I will ensure that the meaning remains the same and no grammatical errors are present. The translation will not include a period at the end. Here is the translation:

According to a post by Scott Johnsson, a financial lawyer in the United States, on the X platform, it is revealed in official documents that the U.S. Securities and Exchange Commission (SEC) is considering the security issues of ETH in the ETH spot ETF application. Surprisingly, this issue was not mentioned at all in the Bitcoin spot/futures ETF application.

In response to this, James Seyffart, an analyst at Bloomberg, commented that it seems like the possibility of the SEC rejecting the ETH spot ETF by claiming “Ethereum is a security” has been further strengthened. Although it is not guaranteed that they will do so, it can be seen that the SEC is at least considering this.

Tags:
SEC
Ethereum

Source link:
https://twitter.com/JSeyff/status/1790363090782949580

Note: All articles published on BitPush represent the views of the authors and do not constitute investment advice.

Original article link:
https://www.bitpush.news/articles/6723166

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