PANews reported on May 25 that Nate Geraci, president of The ETF Store, tweeted: "A year ago, the U.S. SEC 'accidentally' approved the spot Ethereum ETF. I stick to my original point of view: the SEC had no choice after losing the Grayscale lawsuit. I hope to know the full story one day in the future. Since then, although the regulatory environment has changed a lot, there are currently no other spot cryptocurrency ETFs."