The Big SEC Surprise
The SEC shocked everyone this week with its spot ETH ETF approvals
Approval Relief. Ethereum’s spot ETF was shockingly approved and the crypto market landscape will never be the same! What happened this week in markets?
With the SEC’s first final decision for an active spot ETH ETF application scheduled to occur on Thursday, market participants came into the week expecting significant volatility…
Although consensus overwhelmingly held that spot ETH ETFs would be denied come this deadline, rumors that the SEC was unexpectedly communicating with issuers began circulating on Monday.
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Jack Inabinet
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
