No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
Publishing timestamp: 2024-05-18 11:00:01
Summary
The SEC is expected to make a decision on approving ether exchange-traded funds next week, but it may fail due to a lack of regulatory framework for cryptocurrencies. Experts like Ric Edelman and Matt Hougan are pushing for new rules to protect investors from scams and frauds. Bitwise has its own application for a spot ethereum ETF and is hopeful for the future.
Sentiment: MIXED
Keywords: securities fraud, cryptocurrency, stock markets, business news, markets, breaking news: markets, breaking news: investing, bitcoin, trade regulation, personal investing, cryptocurrency exchanges, investment strategy, wall street, sec, gary gensler, ethereum, ethereum/usd coin metrics, bitcoin/usd coin metrics, exchange-traded funds,