🚨Approval for Spot #Ethereum ETFs to Be Delayed, Says Gary Gensler🚨
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission, has indicated a possible delay in the approval process for spot $ETH ETFs by asset managers.

👉During a CNBC interview on June 5, Gensler noted that the process for SEC approval of these ETFs would “take some time,” suggesting a slower pace in approving the necessary S-1 registration statements.