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Michael Cameron
@iserlone
Skepticism of an Eth ETF is the only view that accounts for GG & Warren. GG repeatedly testified that BTC was a commodity. Even then, lawsuits had to force the issue. GG famously refused to say what Eth is. POS makes Eth different than BTC. Argument used against Solana in SEC v. Coinbase will easily stop an Eth ETF.
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PraxisVeritas.io
@praxisveritas
Like people saying above, CFTC has made clear for a while it thinks ETH is a commodity and it’s the regulator in charge (https://finance.yahoo.com/news/cftc-chair-calls-ethereum-commodity-111551034.html) SEC could’ve contested and didn’t. COIN lawsuit arguments also strengthen case for no security.
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