Gensler mum on timing of spot Ethereum ETFs' launch, but say | Crypto Calendar News
Gensler mum on timing of spot Ethereum ETFs' launch, but says process is going 'smoothly'
The process of launching spot Ethereum exchange-traded funds is "going smoothly," U.S. Securities and Exchange Commission Chair Gary Gensler said on Tuesday. The SEC approved 19b-4 forms for eight Ethereum ETFs last month. Firms vying for those products still need their registration statements, called S-1s (or S-3, in the case of Grayscale, which is seeking to convert its Ethereum Trust to an ETF), to become effective before trading can begin.
Produced by @Bitcoin_Magazine. • The most important crypto news of the day. • Only a few paragraphs . • One post per day. For advertising enquiries please contact me @BTCMagazineAdmin...
