SEC commissioners will begin voting on the ETH ETF application. Due to the huge impact on the market, the decision will be announced immediately after the close. Gensler tends to reject the ETF application.

Gensler is worried that the ETH Foundation will have a significant impact on the development of ETH. Gensler's position remains negative. Two of the five commissioners expressed their willingness to approve the ETF application.

A decision will be made within the next hour.

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