Bernstein: The US SEC's approval of the Ethereum ETF is more pragmatic and can avoid legal disputes
According to ChainCatcher, Bernstein analysts said that after US President Joe Biden vetoed the SAB 121 repeal bill, the credibility of the changing political narrative behind the US SEC's unexpected approval of the Ethereum ETF has decreased. They added that Biden's veto of the bill to repeal SAB 121 showed that the US SEC's decision was more pragmatic to avoid legal disputes. $ETH $ETH $ETF