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secure blockchain mining infrastructure powered by cloud services ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Approval of a spot ether (ETH) exchange-traded fund (ETF) in the U.S.

secure blockchain mining infrastructure powered by cloud services ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!Will be seen as significant regulatory relief for the crypto sector and raise expectations for ETH's rival SOL to be categorized as a commodity, broker Bernstein said in a research report on Tuesday.The report sent to clients days before the SEC's final deadlines on whether to approve some of the ETH ETF applications said the Biden administration might soften its stance on crypto ahead of the November Presidential Elections and a potential Trump victory would be broadly positive."Long term, we do believe, should Trump get elected, crypto could see significant legislative and agency support (with a new SEC chair), to usher in long-lasting structural changes in crypto financial integration," analysts Gautam Chhugani and Mahika Sapra wrote."More tactically, the Ethereum ETF approval would set the precedent for a first non-Bitcoin blockchain asset to be considered a commodity, raising hopes for Ethereum’s peers (Solana likely) to follow the same path," analysts added.The classification of cryptocurrencies as either securities or commodities has far-reaching implications.

For instance, ETF applications and approval hinge on the classification of tokens as commodities.

Meanwhile, categorization as a security means a more stringent regulatory oversight by the SEC.secure blockchain mining infrastructure powered by cloud services ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!