Chairman Gensler of the SEC hints at possible setbacks for Ethereum ETFs Trading in the Spot Market

Contrary to Gensler’s predictions of a delay in SEC approval for the spot Ether ETF, the process of listing shares on exchanges has already commenced. Following the SEC’s groundbreaking approval of multiple spot Bitcoin ETF applications just five months ago, the 19b-4 approvals for Ether have now been granted. ETF analyst Eric Balchunas from Bloomberg anticipates that spot Ether ETFs will officially launch on July 4th, preceding the statements made by the SEC chair.