Odaily Planet News: Geoffrey Kendrick, Head of Foreign Exchange and Digital Asset Research at Standard Chartered Bank, said that after the recent approval of the Ethereum Spot ETF, other cryptocurrency ETFs may be approved by 2025. Kendrick pointed out that the approval of the Ethereum ETF implies that ETH and similar tokens are not considered securities by the SEC. He believes that given the similarity between the core technology and ETH in multiple cases, it is difficult for the SEC to declare them as securities. Kendrick expects that the dominant position of Bitcoin and Ethereum will rise,
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