🚨 ETF Update from Nate Geraci! 🇺🇸📉
Nate Geraci, President of The ETF Store, weighed in on X about the SEC’s surprise approval of a spot Ethereum ETF a year ago. 🔍
💬 He said:
👉 He originally thought the SEC had no choice after Grayscale’s big legal win.
👉 But since then, despite all the buzz, no other spot crypto ETFs have been greenlit. ❌
📊 TL;DR: The regulatory scene has shifted — but the SEC’s stance on new spot crypto ETFs? Still stuck. 🤔💼