Recently, there have been widespread rumors regarding the Securities and Exchange Commission’s (SEC) negative stance on Ethereum ETFs, leading to an increasing number of market analysts expressing doubts about the approval of a physical Ethereum ETF in May this year. According to a previous report by Zombit, Bloomberg ETF analysts Eric Balchunas and James Seyffart have previously expressed similar concerns, lowering the probability of approval for a physical Ethereum ETF in May to 25%. However, despite this, Grayscale, one of the companies that submitted an application, remains confident about the potential approval.
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …