SEC Greenlights Ethereum: Institutional Floodgates Open as Crypto Sheds ’Security’ Label
Wall Street's bulls just got a new china shop to wreck. The SEC's confirmation that Ethereum escapes securities classification has triggered an institutional buying spree—because nothing gets hedge funds hornier than regulatory clarity.
The Backstory They Won't Tell You
Remember when Gary Gensler hinted ETH might be a security? That ambiguity kept TradFi vultures circling but not diving. Now? They're gobbling ETH like it's 2021-era NFT JPEGs.
Why This Matters More Than Bitcoin ETFs
Institutions don't care about decentralization—they care about legal loopholes. With Ethereum now firmly in the 'not-a-security' camp, expect pension funds to start 'de-risking' into ETH faster than a Boomer pivots to gold during election years.
The Ironic Twist
This SEC decision drops as Ethereum's layer-2 ecosystem processes more transactions than Visa. Coincidence? Or just regulators finally realizing their paperwork moves slower than a Solidity contract on mainnet?
One hedge fund MD (who demanded anonymity because compliance exists) put it best: 'We'll pretend to care about the Merge narrative if it means getting exposure before the next 10x.' Ah, finance—where principles go to die.
