My God, this man has spoken again. Have you ever seen a member of the institution make more statements than the president of the United States? Here is this man. #Kripto is the enemy and is constantly trying to bring down the market. Here are the details;
SEC Chairman Gary Gensler stated that the process regarding spot #Ethereum ETFs depends on the issuers rather than the SEC. Gensler emphasized that rapid responses from issuers will accelerate the launch of ETFs.
Gensler, who has long been criticized for his anti-crypto moves, recently made remarkable statements. The chairman of the SEC stated that the responsibility for approving ETFs lies with the issuers. According to Gensler, the sensitivity and work of issuers will accelerate the ETF process. Cointelegraph, SEC
He claimed that he would not delay the process.
Gensler touched on Ether ETFs
SEC Chairman Gary Gensler recently stated that the launch date of spot Ethereum ETFs depends on the issuers. He said that the SEC did not take an obstructive stance in this process.
The SEC approved eight 19b-4 applications to list spot Ethereum ETFs on various US exchanges on May 23. However, this approval is not enough for launch. The SEC also must approve S-1 registration statements from issuers. Gensler emphasized that it is important for issuers to respond quickly in this process.
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