-
SEC's Gensler Sees Ether ETF Approval By "End Of Summer"
Fox Business reporter Eleanor Terrett reports, via X, that SEC Chair Gary Gensler envisions Ether ETF approval by the end of the summer. He made the comments during a hearing on the SEC's budget. For now, Ether prices have reacted only modestly... chart JPMorgan strategist Nikolaos Panigirtzoglou pointed out that the US Securities and Exchange Commission considers most cryptocurrencies to be securities, which raises doubts about the approval of further crypto ETFs. "The SEC's decision to approve ETH ETFs is already excessive given the lack of clarity about whether Ethereum should be classified as a security or not," ... (full story)