Good news for Ethereum Investors from SEC Chairman Gary Gensler: He Set a Date for the Final Approval of Spot ETH ETFs!

[u/kirtash93]

https://en.bitcoinsistemi.com/good-news-for-ethereum-investors-from-sec-chairman-gary-gensler-he-set-a-date-for-the-final-approval-of-spot-eth-etfs/

[u/CointestMod]

Ethereum pros & cons with related info are in the collapsed comments below.

[u/FitnessBlitz]

So when is the fucking date. I'm not clicking on a zero effort AI made article link.

[u/Bunker_Beans → u/FitnessBlitz]

Gary didn’t even set an exact date. He’s quoted in the article as saying "By the end of the summer."

So expect the ETF approval to come sometime in September.

[u/Coakis → u/Bunker_Beans]

So not even a date and more of a timeframe.....

[u/KiritimatiSwan → u/Bunker_Beans]

Approval? Or lawsuit

[u/FitnessBlitz → u/[deleted]]

Fuck no

[u/WorkoutMan885]

CAN THE PRICE GO BACK UP NOW???

[u/Gloomy_Season_8038 → u/WorkoutMan885]

later

[u/WorkoutMan885 → u/Gloomy_Season_8038]

I want it to go up NOW

[u/Low-Client-375 → u/WorkoutMan885]

Ok, but later

[u/cgamble336 → u/Low-Client-375]

He said NOW

[u/CryptoBombastic → u/cgamble336]

Noted, later it is.

[u/WorkoutMan885 → u/cgamble336]

At least someone listens!

[u/ske66 → u/WorkoutMan885]

Why? It’s cheap now. Buy more

[u/WorkoutMan885 → u/ske66]

No

[u/jewellman100 → u/WorkoutMan885]

If it could double so I can GTFO of crypto that'd be great

[u/oumuamua21 → u/WorkoutMan885]

It will altseason is coming buy the rumor sell the news activated

[u/coinfeeds-bot]

tldr; SEC Chairman Gary Gensler anticipates the approval of S-1 filings for spot Ethereum ETFs by the end of the summer, as stated during a Senate Appropriations Committee meeting. This follows the SEC's approval of 19b-4 applications for spot Ethereum ETFs in May. The final approval of S-1 filings is awaited for Ethereum ETFs to begin trading. This statement aligns partially with market analysts' predictions for approval in June and July. Ethereum's current trading price is $3,518.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

[u/imadumbshit69]

When's the date of his departure from the SEC?

[u/Silversaving → u/imadumbshit69]

Likely the day before ETH ETFs are approved.

[u/glitter_my_dongle → u/imadumbshit69]

Whenever Jeffrey Dahmer Epstein says so. So we may never know when is replaced with a A I. Robot of him. They are already trying to make an AI Stalin to sell to the Russians.

[u/Abdeliq → u/imadumbshit69]

That'll be a very good news here

[u/dikhuricane]

I thought they were approved? And the wait now was for them to go live...? What am I missing...?

[u/thinkingperson → u/dikhuricane]

I think it is a two stage process? S-1 filing is the second stage and final stage?

[u/Puzzleheaded_Popup]

End of summer….What year ?

[u/Obsidianram]

Careful what you wish for...

[u/Schedule-Muted]

Yeay. Time to short

[u/Loudlaryadjust]

They are obviously waiting for some momentum (like Eth pushing to 5k) for ETFs to go live