Chair

Gary

<ul>
 <li>Gensler also addressed the difficulties that DeFi presents to AML regulations.</li>
 <li>The spot 19b-4 files were approved on May 23 by the SEC.</li>
</ul>
During the summer, <a href="http://sec.gov" target="_blank" rel="noopener noreferrer nofollow">SEC</a> Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations.
The announcement by <a href="https://thenewscrypto.com/u-s-sec-chair-gary-gensler-opposes-fit21-act-warns-of-risks/" target="_blank" rel="noopener noreferrer nofollow">Gary Gensler</a> that the spot ETH ETF S-1 is expected to be authorized this summer has sparked a range of emotions within the community. The SEC discussed several matters related to the agency’s function during its testimony before the Senate Appropriations Committee. Gensler brought up the timeline with Senator Hagerty when speaking to the legislators.
<h2 class="wp-block-heading" id="h-first-week-of-july">First Week of July</h2>
Ever since the spot 19b-4 files were approved on May 23, there has been an abundance of conjecture on social media platforms about the potential listing date of the Ethereum ETF. Gensler made a point of saying this month that the issuers, and not the SEC, would have final say over the listing timeline. He elaborated by saying it all comes down to how quickly they respond to feedback.
According to Gary Gensler, approvals might take some time, and experts like Eric Balchunas have forecast that it could take until the first week of July. Ethereum exchange-traded funds (ETFs) are attracting institutional investors to the market.
The price of <a href="http://ethereum.org" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> jumped significantly after the clearance of 19b-4 registrations. At the time of writing, ETH is trading at $3478, down 2.12% in the last 24 hours as per data from <a href="http://coinmarketcap.com" target="_blank" rel="noopener noreferrer nofollow">CMC</a>. Bulls are predicting a rally despite the recent price fall since the market is anticipating the upcoming listing.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/fhenix-collaborates-with-privasea-to-advance-secure-ai-with-fhe/" target="_blank" rel="noopener noreferrer nofollow">Fhenix Collaborates with Privasea to Advance Secure AI with FHE</a>

SEC Chair Gensler Anticipates Ethereum Spot ETF Approval This Summer

Table of Contents

TheNewsCrypto

Other articles published on Jun 13, 2024

Bitcoin Price Ready To Skyrocket After MicroStrategy’s $500M Move To Buy BTC

Cryptocurrencies used in gambling are now illegal in Australia.

Shiba on Cocaine (SHIBCOC) to Skyrocket 18,000% as KuCoin Listing Announced, as Shiba Inu and Dog...

$SKR Token is Listed on Aerodrome Finance

Harga BTC Digadang Melesat ke US$300.000 di Tahun 2025

Crypto Platform UwU Lend Offers $5M to Catch Hacker

Join our free newsletter for daily crypto updates!