One Year Later: Geraci Says SEC’s ETH ETF Approval Was "Inevitable" After Grayscale Win
Nate Geraci, President of The ETF Store, revisited the SEC’s unexpected approval of the spot Ethereum ETF on social platform X, marking one year since the decision shocked markets.
Geraci reaffirmed his original view that the SEC had little choice but to greenlight the Ethereum product following its legal defeat in the Grayscale lawsuit, which challenged the agency's inconsistent treatment of spot crypto ETFs versus futures products.
“I stand by my take — the SEC had no choice after the Grayscale loss,” Geraci wrote, adding that the full backstory of the decision may eventually come to light.
