Ether qualifies as a security based on the classification by Gary Gensler and Joseph Lubin. Lubin said buying tokens in large quantities, or speculating qualifies them as securities. Gensler said Lubin bought Ether in large quantities to speculate. According to Steven Nerayoff, an attorney and blockchain pioneer, Ether qualifies as a security based on the classification by Gary Gensler, the SEC chair, and the actions of Joseph Lubin, the co-founder of Ethereum. Lubin is saying if you buy...

Dan Hoover, Castle Analytics Chief Compliance Officer, identified three cons of spot ETFs. Hoover spotted a lack of transparency, unclear governance, and market concentration as the potential cons of spot ETFs. Crypto ETFs make it easier to build potentially market-moving positions off-chain without transparency, according to Hoover. Dan Hoover, Chief Compliance Officer of Castle Analytics, has identified a lack of transparency, unclear governance, and market concentration as the potential...