- Adam Cochran has argued that the SEC cannot argue that ETH is a security that is unregistered, and approve an ETH Futures ETF simultaneously.
- The SEC, according to him, must accept the state that ETH is a commodity or a currency to approve an ETH Futures ETF.
- Attorney John Deaton asserts that if the SEC approves an ETH Futures ETF, it would also be favorable to any potential XRP appeal.
Adam Cochran, a partner at Cinneamhain Ventures, has stated in a recent Twitter post that the SEC cannot simultaneously argue that ETH is a new intrinsic “crypto asset security” that is unregistered, and approve an ETH Futures ETF.
Whether people want to admit or not, Adam is