Grayscale Optimistic That Spot Ethereum ETFs Will Be Approved Amid ‘Lack of SEC Engagement’

Grayscale’s chief legal officer still believes the U.S. Securities and Exchange Commission (SEC) could greenlight spot Ethereum (ETH) exchange-traded funds (ETFs). Craig Salm says the Ethereum ETFs “should be approved” and notes that he’s not deterred by the negative chatter surrounding the proposed financial products. He also says the SEC’s perceived lack of engagement on...