According to SEC Chair Gary Gensler, the launch of U.S. spot Ether exchange-traded funds (ETFs) currently depends on how promptly the issuers address feedback from the Securities and Exchange Commission (SEC). In a recent statement, he mentioned that the SEC will not intentionally prolong this approval process. There has been considerable progress, with the commission
AUSTIN, TX — ARK Invest CEO Cathie Wood said crypto is now a U.S. election issue, which is why key documents for the proposed ether exchange-traded funds (ETF) were approved suddenly and unexpectedly. “The read was it was not going to be approved. It was absolutely not going to be approved,” Wood said on stage
The crypto industry is expecting Ethereum ETFs to be approved Thursday. Investors anticipate a rally like the one following the rollout of Bitcoin ETFs. Ethereum ETFs pose new challenges for crypto exchanges. Institutional investors are ready to pour $500 million into Ethereum ETFs over the next week if they are approved Thursday, according to analysis
Share this article Michael Saylor believes that the US Securities and Exchange Commission (SEC) will label Ethereum as a security this summer and consequently deny all spot Ethereum ETF applications. He also claimed that other major cryptos like Binance Coin (BNB), Solana (SOL), Ripple (XRP), and Cardano (ADA) will likely face similar security classifications from
Share this article When the SEC is silent, the ETF market checks its pulse. Several applications for spot Ethereum ETFs are pending SEC approval. As the decision date approaches, uncertainty grows, with financial and crypto leaders expressing a mix of skepticism and hope. A recent report from Barron’s suggests an ongoing, frustrating situation for exchange-trade