At present, foreign media and institutions are discussing whether the SEC will approve the ETH spot ETF, mainly focusing on three aspects:
1. Security
2. Whether it is a security
3. The correlation between spot and futures
At present, these three problems are not big, so some senior analysts believe that even if the SEC must find a reason not to pass, it is not surprising.
For example, in the correlation test, the sampling time of BTC is 2.5 years, and theoretically ETH should also be 2.5 years. But can the SEC find a reason to require a sampling time of 5 years, but the CME ETH futures market does not have 5 years🤣🤣🤣
