SEC's Hesitation on Ethereum ETFs Faces Political Pushback, Deadline Looms

As the May 23 deadline approaches, the Securities and Exchange Commissions reluctance to approve Ethereum spot ETFs is highlighted by opposition from key political figures, complicating the approval process amid growing industry anticipation. In a recent post on X, Fox reporter Eleanor Terrett revealed that influential anti-cryptocurrency politicians, including Senator Elizabeth Warren, are actively opposed to the passage of ETH spot ETFs. At the same time, SEC staff members have shown little interest in promoting the product. While industry stakeholders have attempted to rally SEC...


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