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VisitSEC Chair Gensler: Spot Ethereum (ETH) ETF Approval Process Going Smoothly
Jun 25, 2024, 06:30 PM
SEC Chair Gary Gensler has announced that the process for approving a spot Ethereum (ETH) ETF is progressing smoothly. This development is significant for the cryptocurrency market, as it could pave the way for increased institutional investment in Ethereum. Gensler's comments have been widely reported, emphasizing the positive outlook for the approval process of the spot Ethereum ETF.
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Markets
No • 50%
Yes • 50%
Cryptocurrency market data from recognized exchanges and financial databases
Yes • 50%
No • 50%
Reports from financial research firms and public investment disclosures
No • 50%
Yes • 50%
SEC official announcements and press releases
Ethereum price decreases by over 10% • 34%
Ethereum price changes by less than 10% • 33%
Ethereum price increases by over 10% • 33%
Cryptocurrency market data from recognized exchanges and financial databases
Q3 2024 • 33%
No decision by end of 2024 • 34%
Q4 2024 • 33%
SEC official announcements and press releases
No other ETFs approved • 25%
Bitcoin ETF • 25%
Ripple (XRP) ETF • 25%
Cardano (ADA) ETF • 25%
SEC official announcements and press releases