RE: I Can Finally Agree on Something with the SEC
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OK @gadrian so how did this make you agree with the SEC? I got kind of lost reading.
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You are viewing a single comment's thread:
OK @gadrian so how did this make you agree with the SEC? I got kind of lost reading.
They asked the applicants to revise their applications to not allow staking of the ETH they buy for the ETFs, which otherwise could have been staked and used in governance decisions.
Oh OK so is this good? Sorry I can't seem to read lol, so no one could take over?
Ethereum ETFs couldn't. But others could, if they buy or hold ETH directly and stake it, and hold a controlling stake.
OK, @gadrian thank you. All of this is sure complicated because I can't remember all of rules and things.
That's ok, Barb. Nobody knows everything.
Thank you @gadrian !BBH !CTP 😊
You're definitely right @gadrian 😊