Ether ETF verdict: Gensler stays muted
SEC Chair Gary Gensler made no hint of the agency’s plans regarding Ether ETF applications.
During his Squawk Box interview with CNBC on Feb. 14, United States Securities and Exchange Commission (SEC) Chair Gary Gensler gave little away about spot Ether exchange-traded funds (ETFs).
When quizzed about if and when a decision might be issued, Gensler simply indicated that the process would be handled in precisely the same way as Bitcoin ETFs, revealing nothing about the current status or a possible timeframe.
The securities agency delayed its approval decision on the Invesco Galaxy Ether ETF on Feb. 6. The SEC also delayed its decision on Invesco’s ETF application in December.
...