Bloomberg ETF Analyst: The approval of the spot Ethereum ETF is issued by the authorized agency
According to Golden Finance, Bloomberg ETF analyst James Seyffart stated on platform X that "the approval of the spot Ethereum ETF was issued by the authorized agency, which means no public committee vote is required. However, this also implies that any member can technically raise questions and request a review/vote. Essentially, people don't know what exactly happened or who decided the voting outcome. Regardless of whether the vote result is 3-2 or 4-1, those opposed will cast their votes against based on their opposition to BTCETF. One thing should be clear: requesting a review won't change any decisions; they have already been approved and finalized. But it might allow people to understand more deeply what has happened over the past week. I believe that the only possible reason could be political?"
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month

