Ethereum

Bitcoin ETF

Spot

<ul class="news-points"> 
 <li><strong>Crypto lawyer Jake Chervinsky shares pessimistic views about the Ethereum ETF launch this year.</strong></li> 
 <li><strong>Chervinsky points out the SEC’s political pressures that could negatively impact the ETF approval.</strong></li> 
 <li><strong>According to him, the asset managers will withdraw their applications if the SEC necessitates it.</strong></li> 
</ul> 
<p>The potential Ethereum exchange-traded fund (ETF) approval has been the talk of the town over the past few months, especially following the <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/">Spot Bitcoin ETF</a> launch. While many remain optimistic about the imminent launch, Jake Chervinsky, a prominent crypto lawyer, shared his pessimistic views.</p> 
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   <p lang="en" dir="ltr">I am a lot less confident about ETH ETF approval this year than many of you are.<br><br>The SEC got a ton of political blowback for approving BTC ETFs, even though the court basically forced it to.<br><br>Now animal spirits are in control of the market, and an ETH ETF would only add to that.</p>— Jake Chervinsky (@jchervinsky) <a href="https://twitter.com/jchervinsky/status/1763705594949570757?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 1, 2024</a>
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<p>The leading players in the industry, including BlackRock, Fidelity, Grayscale, VanEck, Ark and 21Shares, Invesco and Galaxy, Hashdex, and Franklin Templeton, have <a href="https://coinedition.com/franklin-templeton-joins-ethereum-etf-rally-applies-for-etf-launch/">submitted</a> their applications for the Ethereum ETF launch. Despite the Securities and Exchange Co…</p>
<p>The post <a href="https://coinedition.com/crypto-lawyer-remains-pessimistic-about-ethereum-etf-launch-this-year/">Crypto Lawyer Remains Pessimistic About Ethereum ETF Launch This Year</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Lawyer Remains Pessimistic About Ethereum ETF Launch This Year

Coin Edition

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