Bloomberg Analyst: "SEC to Ignore ETH=Commodity...Spot ETF Approval Likely Within Year"

According to Cointelegraph, Bloomberg analyst James Seyffart participated in a CryptoQuant webinar on Thursday and said, "The U.S. Securities and Exchange Commission (SEC) has tacitly accepted that Ethereum (ETH) is a commodity. As such, we believe it is highly likely that an ETH spot ETF will be...