US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman

By CryptoNews - 6 months ago - Reading Time: 1 minutes

US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman

The recent approval of Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) officially establishes Ethereum's status as a non-security, former CFTC Chairman and Head of Policy at a16z Crypto, Brian Quintenz, posted on X today.
On October 2, a total of nine ETF products designed to track futures contracts tied to the value of Ethereum's native currency, Ether, were introduced to the market. ...
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Original source: CryptoNews