• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Bitcoin: Buy Now, 10X Leverage!!!!!

2025-05-19

Bitcoin ATH Countdown: Record Price Breakout Imminent

2025-05-18

If You’re Allocated Right — The Future Is Bright 💸🚀

2025-05-18

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    A Beginner’s Guide to Crypto

    2025-05-15

    10 Years of Steadfast Support and Compliance

    2025-05-15

    What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

    2025-05-12

    What is Proof-of-Authority (POA) Consensus in Blockchain?

    2025-05-09

    What Is Proof-of-Stake (PoS)? Guide to Blockchain Consensus for Beginners

    2025-05-09
  • Videos

    Bitcoin: Buy Now, 10X Leverage!!!!!

    2025-05-19

    Bitcoin ATH Countdown: Record Price Breakout Imminent

    2025-05-18

    If You’re Allocated Right — The Future Is Bright 💸🚀

    2025-05-18

    Cryptocurrency Explained: 101 Beginner’s Guide For 2025!!

    2025-05-18

    Bessent Revealed ALL: Trump’s Crypto Plans & Trade Deals!

    2025-05-17
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Regulation»MetaMask Parent Company Consensys Urges SEC To Consider Spot Ethereum ETF Approval
Regulation

MetaMask Parent Company Consensys Urges SEC To Consider Spot Ethereum ETF Approval

2024-03-31No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MetaMask Parent Company Consensys Urges SEC To Consider Spot Ethereum ETF Approval
Share
Facebook Twitter LinkedIn Pinterest Email

The parent company of MetaMask, one of the world’s most popular crypto wallets, is urging the U.S. Securities and Exchange Commission (SEC) to approve spot market Ethereum (ETH) exchange-traded funds (ETFs).

In a new letter to the SEC, Consensys asks the regulatory agency to approve spot market ETH ETFs as Ethereum’s proof-of-stake consensus mechanism, which it transitioned to in 2022, is safer than Bitcoin’s (BTC) proof-of-work system, according to the firm.

Consensys notes the SEC had previously asked for public commentary about how to address the “unique concerns” associated with Ethereum when it comes to fraud and manipulation.

In response, Consensys says that the SEC’s concerns are “wholly without merit” and that Ethereum’s security model is better than Bitcoin’s.

“In fact, Ethereum’s PoS implementation meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).”

Consensys goes on to say that since the SEC greenlit spot market BTC ETFs in January, it wouldn’t make sense to reject Ethereum ETFs for security purposes.

“Ethereum’s PoS consensus mechanism, decentralized development community and inherent network transparency establish a robust security framework that significantly reduces the risk of fraud and manipulation as compared with Bitcoin…

There is no justifiable reason to deny the listing and trading of the iShares Ethereum Trust based on concern over Ether’s susceptibility to fraud and manipulation.

We urge the Commission to recognize the advanced safeguards inherent in Ethereum’s design, which not only meet but exceed the exemplary security and resilience safeguards underlying Bitcoin-based ETPs that have been previously approved by the Commission.”

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

See also  Will the SEC's latest setback accelerate the approval of BTC ETF applications?
Approval Company ConsenSys ETF Ethereum MetaMask Parent SEC Spot Urges
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Will This Company Buy 18% of Bitcoin’s Supply?

2025-05-06

ETHEREUM.. Sell? Hold? Switch to Bitcoin? 🤔

2025-05-05

The SEC Has Made a Decision To Delay The XRP ETF Approval! What This Means

2025-04-30

Ethereum To $13,712: The Hopium Is Strong With This One…

2025-04-28
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

BAYC’s NFT Floor Price Hits New Low Amid ETH Spike: What’s Behind the Decline?

2024-03-05

Bored Ape Yacht Club’s (BAYC) NFT collection experienced a significant decline in its floor price,…

Altcoins

PEPE Takes The Spotlight From Dogecoin And Shiba Inu! What’s Next For This Memecoin?

2023-05-01

A new amphibian contender is making waves in the crypto market: PEPE Memecoin. This fresh…

Regulation

New York Attorney General Proposes ‘Strongest and Most Comprehensive’ Set of State Crypto Regulations

2023-05-06

New York Attorney General Letitia James has proposed a new set of state crypto regulations…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Bitcoin: Buy Now, 10X Leverage!!!!!

2025-05-19

Bitcoin ATH Countdown: Record Price Breakout Imminent

2025-05-18

If You’re Allocated Right — The Future Is Bright 💸🚀

2025-05-18

Cryptocurrency Explained: 101 Beginner’s Guide For 2025!!

2025-05-18
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 106,123.43
ethereum
Ethereum (ETH) $ 2,475.08
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.33
bnb
BNB (BNB) $ 646.15
solana
Solana (SOL) $ 166.30
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.221133
cardano
Cardano (ADA) $ 0.730987
tron
TRON (TRX) $ 0.273942
bitcoin
Bitcoin (BTC) $ 106,123.43
ethereum
Ethereum (ETH) $ 2,475.08
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.33
bnb
BNB (BNB) $ 646.15
solana
Solana (SOL) $ 166.30
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.221133
cardano
Cardano (ADA) $ 0.730987
tron
TRON (TRX) $ 0.273942