The Securities and Exchange Commission (SEC) has not responded to a question posed by Ripple’s Chief Technology Officer (CTO), David Schwartz, regarding the selling of Ethereum (ETH) on exchanges. This comes after Cointelegraph reported that the SEC had approved BlackRock’s Bitcoin (BTC) Exchange Traded Fund (ETF), causing a surge in BTC’s price. It is noted that XRP is the only token with legal status as a non-security in the US. The SEC official’s call with Ethereum founder Vitalik Buterin has also raised suspicions.
AI Sentiment: Neutral