EU elections 'wildcard' could pave the way for first Ether ETF

The outcome of the elections will be a pivotal moment for the implementation of the MiCA regulatory framework and the approval of the first spot Ether ETF.

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The upcoming elections in the European Union this week could be a key moment for crypto regulations and the approval of spot Ether exchange-traded funds (ETFs).

The European Union will conduct parliamentary elections from June 6 to June 9, which could pose a “wildcard” moment for shaping future crypto regulations, according to Jag Kooner, the head of derivatives at Bitfinex.

Kooner told Cointelegraph:

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