💥💥ETH spot ETF is going to be listed?

SEC Chairman: The speed of listing of spot Ethereum ETF depends on the issuer

Latest news Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), said on Wednesday that when the spot ETF linked to the cryptocurrency Ethereum will start trading depends largely on the speed of the issuer's response to the SEC's inquiries. He said, "These registrants will take the initiative to respond to the comments received, but the extent of the response actually depends on themselves." Gensler declined to say whether he thought the process would take weeks or months.

Gary Gensler and SEC officials have not previously commented on why the SEC made a U-turn and approved the application for the spot Ethereum ETF, but he said on Wednesday that the lawsuit filed by Grayscale last year forced the SEC to approve the spot Bitcoin ETF in January, which affected the SEC's view on Ethereum.

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