Grayscale CLO Explains Why Their Case of Spot Ethereum ETF Is Strong

Recently, there’s been a lot of discussion around how the U.S. Securities and Exchange Commission (SEC) is trying to downplay the approval for the spot Ethereum ETf while classifying Ethereum as a ‘security’. However, Grayscale’s chief legal officer Craig Slam has issued a clarification on this matter explaining how the company’s case for a spot Ethereum ETF approval is strong.