A former boss of a group that controls money things in America said people can soon buy and sell something called Ethereum through special ways of investing. This is similar to what happened with another thing called Bitcoin, which became more popular after this was allowed. The price of Ethereum went down a bit after this news, but some think it will go up again later. Read from source...
- The title of the article is misleading and sensationalized. It implies that the former SEC chief predicted an inevitable trading of Ethereum spot ETFs in the US, but he only expressed his opinion on the listing approval process and not the actual product approval. This creates a false sense of certainty and expectation among readers who may think that the ETFs are already available or will be soon.
- The article relies heavily on quotes from the former SEC chief and the market-data provider, but does not provide any context or analysis of their statements. For example, it does not explain why Clayton's prediction earlier this year was accurate or how the listing approval process works and what are its implications for the ETFs. It also does not question the validity or credibility of the market-data provider's forecast, which is based on a subjective comparison with Bitcoin's post-ETF success.
- The article uses vague and ambiguous terms such as "inevitable", "remi