The ETF Store President: Approving the Spot Ethereum ETF is the SEC's Reluctant Move After Losing the Lawsuit

According to HashKey, Nate Geraci, President of The ETF Store, recently stated that after the U.S. SEC lost the Grayscale lawsuit, it ‘unexpectedly’ approved the spot Ethereum ETF, indicating the limitations of its choices. He emphasized that despite significant changes in the regulatory environment, no other spot cryptocurrency ETFs have been approved to date. He looks forward to fully understanding the story behind this event one day.