SEC Chair Gensler's Perspective on the Approval of New Crypto ETFs

Wednesday, 5 June 2024, 17:01

SEC Chair Gensler, who previously opposed crypto ETFs, now appears more open towards them. He discusses the potential approval of an ETH ETF as a routine process, showcasing a shift in regulatory approach. Gensler's seemingly calm response signals a changing attitude within the SEC on cryptocurrency-related investments.
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SEC Chair Gensler's Perspective on the Approval of New Crypto ETFs

SEC Chair Gary Gensler's Shift in Approach

Formerly in conflict with crypto ETFs, Gensler now takes a more accepting stance.

ETH ETF's Regulatory Path

ETH ETF approval now seems more likely, moving through the standard approval process.

Significant Regulatory Transformation:

  • Gensler's newfound compliance
  • ETH ETF's smoother journey

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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