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CoinOtag 2024-06-13 16:11:05

SEC Chair Gary Gensler Foresees Spot ETH ETF Approval by Summer 2024

The Securities and Exchange Commission Chair, Gary Gensler, suggests that spot Ethereum (ETH) ETF S-1’s could receive approval as early as this summer. Previously, Gensler indicated that the timeline for S-1 approvals would rely on the swift responsiveness of issuers. Moreover, Gensler commented on the challenges decentralized finance (DeFi) presents in adhering to anti-money laundering

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