SEC’s Ethereum ETF Approval Likely to Avoid Legal Battle, Not Political Pressure: Bernstein

The post SEC’s Ethereum ETF Approval Likely to Avoid Legal Battle, Not Political Pressure: Bernstein appeared first on Coinpedia Fintech News Bernstein analysts Gautam Chhugani and Mahika Sapra have stated that the SEC’s approval of spot Ether (ETH) ETFs was a strategic move aimed at avoiding legal hurdles rather than responding to political pressure. The SEC had to encounter similar regulatory setups for both spot Bitcoin and Ether ETFs, necessitating a practical decision. Additionally, the analysts …