SourceIn the cryptocurrency space, SEC chief Gary Gensler is often hostile to crypto. He had this attitude before and still now. After recently approving spot bitcoin ETFs, the agency has now approved spot ether ETFs, but there are concerns about the specific reasons why the approval process for bitcoin ETFs and ether ETFs are different. But as far as I know SEC chief Gary Gensler has not yet agreed to comment on anything outside of the official guidelines. Ether ETFs are only approved based on voting systems and market divisions.
Do you think that Ether's different ETF approval process is a political influence or something else?