Bloomberg ETF Analyst: U.S. SEC staff’s lack of response so far for Ethereum ETF is not a “good sign”

Bloomberg ETF senior analyst Eric Balchunas posted on the SEC staff will provide comments when the spot Bitcoin ETF is issued. Previously, compared with the US court's previous judgment on the spot Bitcoin ETF lawsuit, the US SEC did not have the problem of the Ethereum ETF losing the lawsuit, and the correlation between Ethereum spot and futures is not as strong as the Bitcoin ETF. The final situation may not be the same. Too optimistic, Bloomberg will update as new information becomes available.