Assurance from SEC Chair Gensler Disappoints Market as Ether ETF Approval Fails to Lift Crypto Value
Thursday, 13 June 2024, 16:07
Market Disappointment
Despite SEC Chair Gary Gensler's assurance of full regulatory approval for new Ether ETFs by summer's end, the crypto market stayed stagnant. The awaited approval failed to inspire a rebound, leaving investors in doubt about future market movements. Market sentiment remained subdued, showing the limited impact of Gensler's statement on cryptocurrency.
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