SEC Faces Criticism Over Ethereum Scrutiny Since 2023

Industry experts Scott Johnsson and Adam Cochran have raised concerns about the SEC’s recent actions. They questioned the approval of Ethereum Futures ETFs in October 2023, which came despite ongoing inquiries into whether Ethereum qualifies as a security. Their criticism underscores potential conflicts in the SEC’s regulatory approach. Both experts suggest that this contradiction could undermine investor confidence in the regulatory framework.