Van Buren Capital Partner: US SEC will abandon the argument that ETH is a security

05/21 13:00

Wechat scan to share

Van Buren Capital partner and well-known US financial lawyer Scott Johnsson wrote on X platform that Fidelity's application for an Ethereum spot ETF has stated that it will not pledge ETH. The bigger signal is that the commodity grantor trust structure and disclosure have not changed, all signs indicate that the US Securities and Exchange Commission will abandon the argument that ETH is a security.

Comments

All Comments

There are no comments yet, why not be the first?

Recommended for you

Cheyenne Ligon · 03/27 13:07

Trump SEC Pick Paul Atkins’ Crypto Ties Draw Sen. Warren’s Ire Ahead of Confirmation Hearing

In a recent financial disclosure, Atkins admitted to owning up to $6 million in crypto-related assets.
Danny Nelson · 03/27 06:47

GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%

The gaming retailer will spend some of its $4.8 billion cash holdings to buy bitcoin and stablecoins, sparking discussions around how much it will actually buy.
VINCERO · 03/27 05:40

President Trump to Sign Repeal of Controversial DeFi Broker Rule

Critics called the rule "unworkable," noting DeFi platforms run on automated code without human oversight or user identification.
Cheyenne Ligon · 03/27 04:28

Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill

Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.
Jesse Hamilton · 03/27 03:37

Trump-Tied World Liberty Financial Pitches Its Stablecoin in Washington With Don Jr.

The president's son, Donald Trump Jr., connected to a Washington crypto event via video to talk up crypto and to back the family's link to World Liberty.
Coindesk · 03/27 03:34

BlackRock Expands Digital Asset Team, Adds Four High-Level Roles

The asset manager added four new roles to its website, including a legal counsel to advise on ETF launches.
Stacy Elliott · 03/27 01:12

Crypto Giants Seek Congressional Clarity on US Money Transmitter Rules

More than 30 crypto firms and foundations have asked Congress to have the US Department of Justice to clarify a key enforcement matter.
BRAYDEN LINDREA · 03/27 01:08

Argentine poll suggests 57% don’t trust President Milei after LIBRA scandal

Polls are divided over President Milei’s approval rating following the Libra scandal, with one recent one suggesting more than half don’t trust him.
Stephen Moore · 03/27 00:11

Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years

Bitcoin whales appear to be on the move as Bitcoin gained over 4% over the past seven days.
cointelegraph · 03/27 00:07

Specialized purpose DEXs poised for growth in 2025 — Curve founder

Similarly, a March 18 report from Coinbase and EY-Parthenon indicated that 83% of institutional investors polled say they are increasing their crypto allocations in 2025.