The ETF Store President: Approval of spot Ethereum ETF is a last resort after SEC loses lawsuit Nate Geraci, President of The ETF Store, tweeted: "A year ago, the US SEC 'unexpectedly' approved a spot Ethereum ETF, and my initial stance was that the SEC had no choice after losing the Grayscale lawsuit. I hope to one day be able to understand the complete story. Since then, although the regulatory environment has undergone significant changes, there are currently no other spot cryptocurrency ETFs