đź’¸Possible Rejection of Ethereum ETF Due to Need for Crypto Educationđź’¸

Mr. DISCIPLINA
1 min readMay 8, 2024

Tron blockchain founder Justin Sun says the US Securities and Exchange Commission (SEC) would not approve an Ethereum exchange-traded fund (ETF) in May. Sun’s stance echoes the sentiments of numerous market analysts anticipating the SEC dismissing the pending Ethereum ETF applications. Additionally, feedback from recent meetings with the SEC indicates a pessimistic outlook.

📣“My honest opinion (NFA) is that an Ethereum ETF won’t be approved in May. The crypto industry still needs to prepare for a long-term education with regulators, focusing on helping them understand crypto,” Sun said.

And it does make a lot of sense! Understanding crypto is key to all future development, and so far it appears that both – the regulators and the public are in need for more education on the subject.

We at DISCIPLINA are sure happy to help! Our motto is: mass education = mass adoption! disciplina.iođź‘Ź

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Mr. DISCIPLINA

DISCIPLINA — the first blockchain to create verified personal profiles based on academic and professional achievements.