The ETF Store CEO: Spot Government Unlikely to Approve Any More Crypto Spot ETFs

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September 13, 2024
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According to Mars Finance, Nate Geraci, president of The ETF Store, stated on X that he believes it will be difficult for the current U.S. government to approve any additional spot cryptocurrency ETFs. He sees no signs of a potential launch for spot Solana or XRP ETFs in the next year or two. Regardless of the outcome, it will likely be determined by the upcoming election.

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