SEC Chair Gensler hints at possible delays for Ethereum ETFs

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