Benzinga – U.S. SEC chair Gary Gensler highlighted on Tuesday the smooth progress of Ethereum ETF filings, indicating that the final decision lies with asset managers to make full disclosures for the registration statements to go effective.
Speaking at the Bloomberg Invest Summit, he said, “I don’t know the timing, but it’s going smoothly,” when asked about the possibility of seeing an Ethereum (CRYPTO: ETH) ETF in the coming weeks.
He elaborated, “It’s really about the asset managers making full disclosure so that those registration statements can go effective.”
The SEC chair noted Ethereum futures ETFs are already available, having gone live last year.
However, the potential introduction of a spot Ethereum ETF has generated significant excitement in the crypto community and financial markets.
Gensler was also asked about the increasing political discourse surrounding cryptocurrency,…
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