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If the SEC officially classifies Ethereum as a security, the rejected ETF will probably be followed by a wave of lawsuits against the Foundation and crypto exchanges for trading in unregistered securities📉
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@stefan_21 Yes, that would be the case. But there is absolutely no evidence for this.
ETH never appeared in their lawsuits against Kraken, Coinbase and Binance (but SOL, MATIC, AVAX etc. did). In addition, there is already an ETH futures ETF and some official statements from SEC Commissioners about ETH as a commodity