Variant Chief Legal Officer: If the ETH spot ETF is approved, it means that the regulatory attitude has undergone a significant change after the SAB 121 vote in both chambers

ChainCatcher news, Variant Fund Chief Legal Officer Jake Chervinsky stated: "If a spot ETH ETF really gets approved, everyone I know who understands the regulatory situation in Washington would be greatly shocked, but that doesn't mean it won't happen. This means that the approval of the ETF could signify a significant shift in U.S. cryptocurrency regulatory policy after the SAB 121 vote, which may be more important than the ETF itself."