- Dan Hoover, Castle Analytics Chief Compliance Officer, identified three cons of spot ETFs.
- Hoover spotted a lack of transparency, unclear governance, and market concentration as the potential cons of spot ETFs.
- Crypto ETFs make it easier to build potentially market-moving positions off-chain without transparency, according to Hoover.
Dan Hoover, Chief Compliance Officer of Castle Analytics, has identified a lack of transparency, unclear governance, and market…