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ETH-ETF listing delayed — SEC chair reveals key details

ETH-ETF listing delayed — SEC chair reveals key details

In a recent CNBC interview, Gensler stated that the review of spot ETH-ETF S-1 filings may be lengthy with unplanned delays

The approval process for an ETF-ETH is significantly different from the $BTC approval process, because Ethereum is backed by an entire ecosystem with hundreds of markets, making the approval process extremely complex

The SEC's cautious approach, grounded in legal precedents and detailed disclosure requirements, indicates that the entire process will likely take several months

Watch the full interview here 

 

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