Ethereum
Ethereum ETFs Will Win SEC Green Light This Summer, Says Chairman Gary Gensler – DL News
Spot Ethereum exchange-traded funds are expected to launch this summer.
That’s what Securities and Exchange Commission Chairman Gary Gensler told U.S. senators today during a hearing on the agency’s 2025 funding request.
“These applications will be approved by the end of the summer,” Gensler said.
The SEC has already greenlit a batch of documents needed to launch Ethereum ETFs, called 19b-4s, but still needs to get a second set of documents, called S-1s, finalized from potential ETF issuers.
Only once both sets of documents are completed can the SEC officially approve the ETFs – and then launch the products.
“Individual issuers are still working through the registration process,” Gensler said. “That works well.”
This is a developing story.