While appearing on CNBC on June 5, Gensler hinted that the SEC could be delaying the approval of Ethereum ETFs, saying that the following procedures would “take some time.” This could mean that the commission is taking its time approving S-1 registration statements.
On the other hand, the SEC approved the 19b-4 filings of several companies on May 23. However, the listing and trading of ETFs on US exchanges could be delayed by several months due to final authorizations.
