Consensys: Impact of SEC policy changes on ETH unclear
Bill Hughes, senior counsel at Consensys, says the SEC's recent approval of a spot ethereum (ETH) ETF has yet to have a concrete impact on ETH regulatory policy, as Consensys moves to sue the SEC in Texas over plans to treat ETH as a security and receives an enforcement warning for its MetaMask product. Hughes believes political pressure could influence SEC decision-making, but the exact impact remains to be seen. sec chairman Gary Gensler said it will “take some time” to approve the S-1 registration statement for spot ethereum ETFs, which are expected to launch on July 4th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale shorted over 4,574 ZEC after the market rebound and opened a 20x BTC long position.
Data: Hyperliquid platform whales currently hold $4.456 billions in positions, with a long-short ratio of 0.87
Devcon 8 will be held in Mumbai, India in the fourth quarter of 2026.