SEC Chair Gary Gensler didn’t comment on when his agency would approve Ether ETFs for trading, but analysts predict it could be as soon as next week.
The process of launching the first spot Ether (ETH) exchange-traded funds (ETFs) in the United States is “going smoothly,” says Securities and Exchange Commission Chair Gary Gensler.
Speaking at a June 25 Bloomberg conference, Gensler remained tight-lipped on when the ETFs could launch and deferred when asked if they could go live before the November U.S. elections.
“It’s really about the asset managers making the full disclosure so that those registration statements can go effective,” he said.