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SEC Chairman Says Spot Ethereum ETF S-1 Filing Will Be Approved This Summer

Mary Liu

Summary: At a budget hearing on Thursday, U.S. SEC Chairman Gary Gensler told senators that the Ethereum spot ETF S-1 is expected to be approved sometime this summer.  Whether it will be July or September remains unknown. When Gensler was directly asked whether ETH is a commodity, Gensler did not answer yes or no, sticking to ...

At a budget hearing on Thursday, U.S. SEC Chairman Gary Gensler told senators that the Ethereum spot ETF S-1 is expected to be approved sometime this summer. 

Whether it will be July or September remains unknown.

When Gensler was directly asked whether ETH is a commodity, Gensler did not answer yes or no, sticking to the agency's uncertain stance on the asset.

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