Ethereum ETF Approval Process Showing Progress

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SEC Chair Gensler also reaffirmed that most crypto tokens are securities and declined to comment on political questions.

In an interview at the Bloomberg Investment Summit, SEC Chair Gary Gensler expressed confidence in the approval process for spot Ethereum ETFs, though he did not provide a specific timeline.

He also declined to comment on how the current administration’s stance on cryptocurrency might influence the upcoming election.


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