quoting note1uzk…2leaThe approval of the ETH ETF was solely and exclusively a political decision.
If you can read between the lines you will realize how corrupt the system is and that the SEC is not there to protect you.
With Bitcoin where supply is limited, where no one can change the monetary policy of the algorithm, it took them years to approve it.
With ETH which was premined and where Vitalik can change the monetary policy at will, it has been approved in just 2 months.
bitcoinsandy on Nostr: I think we can all see very clearly now, if there was ever any doubt, that the SEC is ...
I think we can all see very clearly now, if there was ever any doubt, that the SEC is totally corrupt and not there to protect retail investors. An Eth ETF is as oxymoronic as it gets