SEC Chair Gensler: Spot Ethereum ETFs Will Face Delays
TL;DR Summary
SEC Chair Gary Gensler indicated that the approval of spot Ether ETFs might be delayed, suggesting a cautious approach. Despite the SEC's approval of 19b-4 filings from major asset managers, the actual trading of these ETFs could still be months away. Gensler also highlighted ongoing stringent enforcement actions against cryptocurrency firms.
- Spot Ethereum ETF Trading Launch Could Be Delayed, Says SEC Chair Gary Gensler Benzinga
- Timing for US ether ETF launches depends on how fast issuers can move, SEC chair says Reuters
- SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates CoinDesk
- Ethereum open interest surges by 50%, SEC Chair says ETH ETF launch will take more time FXStreet
- Gensler slams crypto exchanges for unsavory practices, says spot Ethereum ETFs will 'take some time' CryptoSlate
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