Bernstein: The U.S. SEC's approval of Ethereum ETF is more pragmatic and can avoid legal disputes
Bernstein analysts stated that after U.S. President Joe Biden vetoed the repeal of SAB 121, the credibility of the ever-changing political narrative behind the U.S. SEC's unexpected approval of Ethereum ETF has decreased. They added that Biden's veto of the bill to repeal SAB 121 indicates a more pragmatic decision by the U.S. SEC to avoid legal disputes.
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
Data: UBS predicts the S&P 500 index will reach a target level of 7,500 points by the end of 2026.
Hong Kong launches the third batch of multi-currency digital green bonds using HSBC's distributed ledger platform
CoinShares: Digital asset investment products saw net outflows of approximately $1.17 billion last week
Trending news
MoreCrypto prices
More
