SEC Chair Gensler hints at possible delays for Ether ETFs in the pipeline

Despite Gensler’s statement that the SEC would postpone the approval of the spot Ether ETF, the process of listing shares on exchanges has already commenced. Just five months after the SEC approved several spot Bitcoin ETF applications, the 19b-4 approvals for Ether have also been granted. According to Bloomberg ETF analyst Eric Balchunas, spot Ether ETFs are anticipated to launch on July 4th, preceding the statements made by the SEC chair.