The SEC could bring more regulatory scrutiny towards Ether ETF applications, despite the prior approval of spot Bitcoin ETFs, according to Recharge Capital’s John Lo.
The approval of a spot Ether exchange-traded fund is less certain than the previous approval of the spot Bitcoin ETFs in the United States, John Lo, the founder of Recharge Capital, told Cointelegraph in an exclusive interview.
Lo expects the Securities and Exchange Commission (SEC) to put increased scrutiny on all upcoming crypto-based ETFs, especially Ether ETFs:
Companies vying for an Ether ETF include BlackRock, Grayscale, Fidelity, Invesco Galaxy, VanEck, Hashdex, and Franklin Templeton.
