SEC Calls for Public Input on Ether ETF, 21-day Period

The U.S. Securities and Exchange Commission (SEC) is seeking public opinion on three Ethereum spot ETFs, which has attracted attention from the crypto community and is expected to bring a turning point. According to recent filings, the focus is on Fidelity, Grayscale, and Bitwise, each vying for the opportunity to bring Ethereum into the mainstream financial market.

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SEC Seeks Public Opinion
Is an Ethereum ETF Optimistic?
Starting this Tuesday, the SEC began a 21-day public comment period, allowing the public to participate in the decision-making process of regulatory agencies and provide a transparent platform for dialogue and opinions.

Although there has been progress, important figures in the ETF analysis field, such as Bloomberg analyst Eric Balchunas, have already lowered their expectations for ETF approval before May from an optimistic 70% to a more cautious 30%. His colleague James Seyffart also participated in the discussion, particularly regarding Fidelity’s application, pointing out the lack of new information in the application documents and the SEC’s silence, which is not a good sign for approval.

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SEC Postpones Ark, Hashdex Ethereum Spot ETFs, Bloomberg Analyst: No Longer Optimistic about May Approval
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In conclusion, the results of this solicitation period may open a new chapter for Ethereum in the trading market or serve as a reminder of the challenges faced in integrating cryptocurrencies more deeply into regulated financial markets.

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Consensys Argues from a Technological Perspective Why Ethereum ETF Should Be Approved by the SEC
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Further Reading
What are the Reasons for the Toxicity of Rehypothecation on Ethereum Prices? feat. Chen Pin
Rehypothecation is Toxic! Why is $52 Billion in ETH Rehypothecated, and What Could Crush the Coin Price?