Former SEC chief Jay Clayton breaks down approval of spot ether ETF applications
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- Опубліковано 16 жов 2024
- Jay Clayton, former SEC chairman, joins 'Squawk Box' to discuss the SEC's decision to approve spot Ether ETF applications, what's different about this round of the ETF applications, and if the SEC's news is related in any way to the crypto bill passed in the House of Representatives.
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This dude had the XRP lawsuit laying in his desk drawer, waiting to file it right before he left as SEC boss. What a joke to hear him talk like that. 🤣
it was all a part of their plan no
Exactly. This idiot cost me over $40,000 with that lawsuit. I’d sue him if i could.
Ether, not ether; it's a proper noun, CNBC.
SHITCOIN it's a proper noun, DesertDog😊
Ethereum will be the new Apple. ETH is tech.
Yes
how sir? a shitcoin become new apple? have you no shame?
@@geoms6263 Looks like your a noob or stacked high with @#!$ coins. Youre ngmi. I made 1.5 million in usd cause I held ETH. You got poor buying !@#$ coins. Just buy eth and be done with in normie...
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Btc is a store of value. Eth allows contract utilization and blockchain development. Blockchain has been developed. It’s now time to for people to purchase their “tickets.”
Ethereum is a commodity. It's used and held. Simple.
Eth is not a commodity. A commodity can't have an ICO, a commodity can't have a 70% premine by its founders, a commodity can't have a roadmap where the underlying asset changes every couple months, a commodity cant have a "foundation" that steers how the asset develops overtime.
@@spitfirez89 incorrect.
By Clayton's example all crypto is a commodity because the token holds a spot , ticket, to the existing network. Whether it has value is the question. So if a play closes or goes bankrupt , do you get your money back? Please debate.What are your thoughts?
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No need for silly play ticket analogies. The US govt has the Howey Test that Ethereum clearly passes, indicating that it is a security. It has a founder, a backer, a CEO, and had a pre-mine.
Sadly they don’t care about the Howey test anymore it appears
1:37 oh yeah… so let’s approve the ETF to be managed by the CFTC… note the C stands for COMMODITIES. But it’s not saying it is not a security… um yeah…
Good company
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Where the hell is Gensler??
vacation🎉, baby😂
In trouble
Hiding in his office.
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Good tickets to show analogy!
He repet what Sailor sayd
Nice analogy.
So basically the news jumped ahead of itself to say something that’s not yet a reality.
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You're too tight former SEC
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But Ethereum has a founder and a company. ... how CAN Ethereum be an ETF ????
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Next XRP snd Shiba Inu ETF 🙈😄 ... what a dumb decision !
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lol 😝 dude still salty he missed the crypto runs.
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Eth a shitcoin always be a shitcoin
XRP
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BlockSailor's concept is original. It's pushing the frontiers of what's possible in blockchain.