
Many industry pundits speculate the SEC’s sudden change of pace on spot Ether ETFs could be a result of increased political pressure.
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Many industry pundits speculate the SEC’s sudden change of pace on spot Ether ETFs could be a result of increased political pressure.
Read more on Cointelegraph

“This is a Black Mirror episode. Definitely turning this ‘feature’ off,” commented Elon Musk on Microsoft’s new Recall feature.
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Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC.
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A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them.
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The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name.
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The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.
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If a 19b-4 spot Ether ETF filing be approved, analysts anticipate the SEC won’t immediately sign off on the S-1, which is required for the products to launch.
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Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters.
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The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology.
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On Monday, May 20th, Bloomberg ETF analyst Eric Balchunas posted on X, raising his chances of a spot ETF approval from 25% to 75%. Within an hour, the post received over one million views. Balchunas is regarded as one of the most trusted sources in the crypto ETF space after playing a role in news coverage of the spot Bitcoin ETFs, which were released in January 2024. The update from Balchunas made waves in the crypto markets, causing the price of ETH to skyrocket over 10% within minutes.
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Balchunas said that he is “hearing chatter this afternoon that SEC could be doing a 180 on” spot Ethereum ETF applications. The SEC has been largely quiet about Ethereum ETFs over the past…
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