Odaily Planet Daily News Nate Geraci, president of The ETF Store, published an article reviewing the SEC's unexpected approval of the Ethereum spot ETF on May 23, 2024, saying that he still adheres to the original view that after Grayscale lost the lawsuit, the SEC "had no choice at all." He said that he hopes to see more insider details disclosed in the future, and lamented that "the regulatory environment has changed so dramatically in the past year that it is incredible." However, he also pointed out that as of now, no other spot crypto ETFs other than Bitcoin and Ethereum have been approved.