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Coinbase and other entities are advocating for the approval of spot Ethereum ETFs by the SEC. The approval could lead to increased concentration risks within Ethereum and change the network's validators. Grayscale has filed for a Privacy ETF featuring Zcash Trust allocation.
ICYMI: Valkyrie CIO anticipates spot Ethereum ETF approval will take 1-2 years https://t.co/M7b1kxU8mw
Valkyrie chief investment officer Steven McClurg said that the Ethereum spot ETF will not be launched soon, but may be launched in the next year or two. There are many differences between Bitcoin and Ethereum, so the SEC will need to spend a lot of time understanding such…
Valkyrie CIO says could take another year or two for spot ether ETF approval… Here we go again. via @ForTheWynn_ https://t.co/t3HuCg1Rcf
