- Crypto journalist Laura Shin’s Unchained Podcast featured Bloomberg analyst James Seyffart.
- Seyffart discussed a potential shift in the SEC’s stance towards Ethereum.
- Seyffart highlighted the SEC’s recent approval of Ethereum futures exchange-traded funds.
In a recent episode of crypto journalist Laura Shin’s Unchained Podcast, Bloomberg analyst James Seyffart discussed a noteworthy development suggesting a potential shift in the U.S. Securities and Exchange Commission’s (SEC) stance towards Ethereum.
Is the SEC backing down on Ethereum?Bloomberg’s @JSeyff spills on @unchained_pod: With Ethereum futures ETFs already approved, the SEC might be subtly pivoting to conceding that Ethereum is a commodity.
Listen now: https://t.co/lD20tIkl6Z pic.twitter.com/z5npQg2uEM
— Laura Shin (@laurashin) December 16, 2023
Seyffart shared his perspective on the matter, pointing to the SEC’s recent approval of Ethereum futures exchange-traded funds (ETFs). This move, according to Seyffart, signals a subtle acknowledgment by the SEC that Ethereum might be considered a commodity rather than a security.
Expressing his view, Seyffart emphasized that the SEC has implicit…
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