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President of The ETF Store: The US SEC has not yet officially approved other spot cryptocurrency ETFs besides BTC and ETH

President of The ETF Store: The US SEC has not yet officially approved other spot cryptocurrency ETFs besides BTC and ETH

CointimeCointime2025/05/25 04:08
By:Cointime

Nate Geraci, President of The ETF Store, stated on X platform: "One year ago... the U.S. Securities and Exchange Commission 'accidentally' approved the trading of Ethereum exchange-traded funds. My initial view was that because Grayscale won its lawsuit against the SEC, the regulatory agency had no choice and I hope to understand the full story one day. Since then, although the regulatory environment has changed significantly, there has still been no formal approval of other spot cryptocurrency ETFs."

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