The ETF Store President: The launch of the Ethereum ETF is a reluctant move by regulators

ChainCatcher news, according to Nate Geraci, president of The ETF Store, who posted on X: "A year ago, the U.S. Securities and Exchange Commission 'unexpectedly' approved the spot Ethereum ETF, I maintained my initial view: because Grayscale won its lawsuit against the SEC, the regulators had no choice, hoping that one day they could understand the full story. Since then, although the regulatory environment has changed significantly, there has still been no formal approval for other spot cryptocurrency ETFs."