SEC Chairman Gary Gensler Discusses Approval of Ethereum Spot ETF
In recent news, SEC Chairman Gary Gensler provided an update on the approval process for Ethereum Spot ETFs, stating that it is progressing smoothly. Speaking at the Bloomberg Investment Summit, Gensler noted that the approval for the Ethereum ETF went smoothly, although he did not provide a specific timeline for its release.
Gensler mentioned that individual issuers are in the process of registering, and he anticipates that the launch will happen sometime during the summer. He emphasized that the remaining steps involve disclosure and registration before the ETFs can be launched.
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