Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’

Permalink Report to webmaster

Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten 'the Broader Financial System'Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would “interweave the crypto industry with traditional finance,” aggravating systemic risks introduced […]

Source: Bitcoin News

#Regulation, #BetterMarkets, #Crypto, #Cryptocurrency, #EtherETH, #EtherEft, #SEC