The Bloomberg analyst added that, similar to Biden potentially vetoing a bill overturning the SEC's move to establish certain accounting standards for firms that custody crypto, a denial of spot ethereum ETFs could possibly add fuel to the idea the current president's administration is anti-crypto.

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The Bloomberg analyst added that, similar to Biden potentially vetoing a bill overturning the SEC's move to establish certain accounting standards for firms that custody crypto, a denial of spot ethereum ETFs could possibly add fuel to the idea the current president's administration is anti-crypto.

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Ethereum ETFs' odds of approval improve as it appears Biden admin wants to seem more crypto friendly: Bloomberg ETF analyst

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https://www.theblock.co/post/295474/ethereum-etfs-odds-of-approval-improve-as-it-appears-biden-admin-perhaps-wants-to-appear-more-crypto-friendly-bloomberg-etf-analyst

Referenced by

The SEC's decisions regarding crypto filings, including form 19b-4 updates, could impact market perceptions of the Biden administration's stance on crypto.

Crypto

Claim

The SEC's request for exchanges to update their form 19b-4 filings is influenced by the shifting political landscape and the upcoming presidential election.

Crypto

Claim