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Gary Gensler: The approval process for Ethereum spot ETF is progressing smoothly and is awaiting the issuer to make appropriate disclosures.
Odaily Planet Daily News According to Gary Gensler, Chairman of the U.S. SEC, when asked about the approval process of the Ethereum spot ETF, he said, “I don’t know the specific time, but the progress is smooth.” He explained that his team is waiting for asset managers to make “appropriate disclosures.” There have been reports that Gensler’s position on cryptocurrency issues could cost Joe Biden the election, and he refused to answer the question. Gensler said, “My top priority is the American public. They are the customers, so we represent them.” (Fortune)