Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum Spot ETF Hurdles: Experts Raise Concerns About US SEC’s Review of ETH Security
ETHEREUM NEWS

Ethereum Spot ETF Hurdles: Experts Raise Concerns About US SEC’s Review of ETH Security

By Crypto FlexsMay 15, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Spot ETF Hurdles: Experts Raise Concerns About US SEC’s Review of ETH Security
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency world is anxiously awaiting the following decision: Ethereum Spot Exchange Traded Fund (ETF) There has been a lot of talk at the U.S. Securities and Exchange Commission (SEC) about variables that could affect the Commission’s rulings.

Author and financial lawyer Scott Johnsson joins the discussion to highlight important points. The SEC may consider Ethereum’s security posture when deciding on exchange products in the coming days, especially May 31.

Ethereum security questions cause approval hurdles

at postScott Johnsson writes in several articles highlighting the question of whether Nasdaq Stock Market LLC (“Nasdaq” or the “Exchange”) properly filed an offering to list and trade the shares of the iShares Ethereum Trust pursuant to Nasdaq Rule 5711(d). I shared some screenshots. Commodity-based trust shares, taking into account the nature of the underlying assets held by the trust.

The definition of commodity-based trust shares as securities raises the question of whether the SEC may classify them as: ETH This is a security that poses a potential obstacle to the spot ETH ETF.

Johnsson believes this is likely to be discussed publicly, but he believes this is formal evidence that the SEC is considering security concerns for ETH in its impending spot ETF ruling. Because this question has never been asked when considering the same product for Bitcoin, the largest cryptocurrency asset.

Here is the post:

I know this is widely considered a possibility, but this is your official notice that the SEC is considering security concerns for ETH in the upcoming spot ETF order. This question has (AFAICT) never been asked in relation to the Spot/Futures BTC ETF product.

According to the attorney, 15 USC 78s(b)(2)(B) requires the SEC to provide notice of the grounds for the denial it is considering. Although the above question has never been asked or observed before, Bitcoin Spot ETF During the submission process, this issue was raised for all ETH spot ETFs submitted to the Request for Comments (RFC).

According to Johnsson, the SEC’s clear goal in raising this question is to reject Ethereum spot ETFs on the grounds that they are ineligible for filing if they hold securities and were incorrectly filed as commodity-based trust shares.

Johnsson sees his insights as a potential cause for SEC action in the broader cryptocurrency space, but says there may be more to the development than the community knows.

Final Reviewable Agency Action

Before the May 31 deadline, Johnson opinion The SEC will likely provide at least a 30-page analysis covering whether the Ethereum spot ETF complies with Exchange Act regulations. Therefore, this will be the last agency action available for review before the deadline.

Moreover, they will have to go beyond the framework they established to authorize Bitcoin futures and spot products under the Securities Act of 1933 and the restrictions imposed after the D.C. Circuit’s GBTC ruling.

Johnsson believes there are a number of options available to regulatory watchdogs, each of which will have far-reaching consequences.

On the 1D chart, ETH trading at $2,912 | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Enterprise Ethereum Alliance accelerates strategic vision with new leadership and board promises -Enterprise Ethereum Alliance

June 5, 2025

Checkpoint #3: June 2025 Stats Ether Leeum Foundation Blog

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Use Sunny Mining Cloud Mining to earn $ 12,000 a day

June 6, 2025

Investors are the main level of support of the eyes.

June 6, 2025

Encryption Inheritance Update: April 2, 2025

June 6, 2025

Defi, not MICA II at the front line

June 6, 2025

Improve video content with VEO 3: Comprehensive guide to effective prompt

June 6, 2025

Is the trump Fuel Fuel Dogecoin in ELON Musk less than $ 0.10?

June 6, 2025

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Use Sunny Mining Cloud Mining to earn $ 12,000 a day

June 6, 2025
Most Popular

Analysts predict an explosion of ‘God candles’ on the horizon.

April 18, 2024

Former Goldman Sachs Executive Says Solana (SOL) Is Up 10x, ‘Really Good Deal’ Coming

August 28, 2024

Elon Musk sues OpenAI and Sam Altman for breach of non-commercial agreement

March 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.