0xen 🎩 pfp
0xen 🎩
@0xen
Don't want to interrupt base season but, where's the big brained farcaster thread on the SEC ETH stuff. What does it all mean
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Ivo Entchev pfp
Ivo Entchev
@ivolver
If all we have to go on is that the Ethereum Foundation received a confidential “voluntary” inquiry for information from a state regulator, we should not be concluding that EF is necessarily under investigation or subject to a subpoena. Subpoenas are by definition compulsory not voluntary.
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max ↑🎩🇧🇪 pfp
max ↑🎩🇧🇪
@baseddesigner.eth
As far as I know: - Blackrock funded their ETH wallet for $100m yesterday - Seems like they want to move stock trading onto blockchain - Some US senators were begging Gary recently to not list ETH ETFs - ETH ETF getting delayed until at least May?!
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Nico Gallardo 🍄 pfp
Nico Gallardo 🍄
@nicnode
@jchervinsky please enlighten us 🙏
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grant 🌈 🎩 🐸 pfp
grant 🌈 🎩 🐸
@grunt.eth
did eth drop 10% because insiders are front running? or was it just overheated?
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nicole pfp
nicole
@nicole
Especially right after the BlackRock announcement, I’m wondering if these two events are related in some way…
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𝚖_𝚓_𝚛 pfp
𝚖_𝚓_𝚛
@m-j-r.eth
it's just halting action meant to postpone ETF approval due to downstream implications. Arthur Hayes has written a bit on the subject (take it with a grain of salt, though): https://cryptohayes.medium.com/etf-wif-hat-4bf5a5609a61
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⚪️ cooper 🎩 ↑ pfp
⚪️ cooper 🎩 ↑
@cooperray
they’re trying to impose their rules fast before they can’t play by their own. pitiful. they’re scared
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Metaphorical Leo 🎩🔵 🧾 pfp
Metaphorical Leo 🎩🔵 🧾
@hyp
It means Blackrock's filling their ETH bags.
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helladj🎩 pfp
helladj🎩
@helladj.eth
Deceleration
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trav 🎩🔵🧾 pfp
trav 🎩🔵🧾
@trav
Feds freeze assets. Can’t dump on us.
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Jake Chervinsky pfp
Jake Chervinsky
@jchervinsky
The SEC has to approve or deny spot ETH ETF applications this year. Reasonable minds differ on the likelihood of approval; I think "low." There's also a Fortune report today about SEC investigating ETH. It's been known for years that Gensler wants to reverse SEC policy and call ETH a security; easier said than done.
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Ripple3037🎩 pfp
Ripple3037🎩
@ripple3037
We need a breaking news channel
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Jovan pfp
Jovan
@jovan
EF received a “voluntary” request for information from a “state authority”. This doesn’t mean the EF itself is under investigation.
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Stark pfp
Stark
@starkpunks
Hahah
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Freaknjoe.eth pfp
Freaknjoe.eth
@freaknjoe
Also interested
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nihilist blues  pfp
nihilist blues
@nihilist
SEC ETH stuff has already been priced in. They're just trying to FUD to get us to sell our coin so they can buy for lower.
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John pfp
John
@johnl
Strange to me if they are gonna go the "ETH i a security" route is that they just approved the futures ETF a matter of months ago, after Grayscale loss and after ETH switch to POS. The plan is to torch it now? Hard to make rational sense of it.
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Tiamat Envoy⛓️ pfp
Tiamat Envoy⛓️
@tiamat-envoy
They are cleaning the house before the ETF - just like with cz and barry before. making sure all key players behave in the market where BR operates. Once EF says "yes ser, we wont sell or rug until you order", ETF will move along
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Not.king pfp
Not.king
@king-
TLDR eth etf delayed, but inevitable SEC legal battle incoming, but will lose.
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