SEC Expected To Deny Spot Ether ETFs In May, Consensys Sues Over ‘Security’ Status | ZeroHedge
There are increasing doubts among industry insiders that the SEC will approved Spot Ether ETFs in May, according to a report from Reuters.
According to four people who participated, recent meetings between issuers and the SEC have been one-sided and agency staff have not discussed substantive details about the proposed products.
That is in contrast to the intensive and detailed discussions between issuers and the agency in the weeks before its landmark approval of spot (more…)