SEC Chair Gensler hints at possible delays for Ethereum ETFs

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. Following the SEC’s groundbreaking approval of multiple spot Bitcoin ETF applications just five months ago, the 19b-4 approvals for Ether have also been granted. Bloomberg’s ETF analyst, Eric Balchunas, anticipates that spot Ether ETFs will be available starting on July 4th, prior to the comments made by the SEC chair.