Court decision could be only way US spot ether ETFs see light of day

The advent of bitcoin ETFs came only after a legal victory over the Securities and Exchange Commission.

A similar action could be what it takes to get US spot ether ETFs over the finish line, law professionals told Blockworks.

And let’s not forget Consensys’ lawsuit against the US securities regulator, which they added could play a role in helping sort out the ether ETF question.

Bitcoin ETFs born from a legal victory

In a world where the SEC and crypto companies constantly appear to be at odds, the courts have been able to offer some clarity. 

Judges in the DC Circuit Court of Appeals ruled last August that the SEC’s decision to deny the conversion of the Grayscale Bitcoin Trust…

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