Ether ETF Could Get Approved This Summer, SEC’s Gensler Says
- SEC chair says disclosure review process is ‘working smoothly’
- Ultimate approval depends on quality of investor disclosures
Gary Gensler
Photographer: Samuel Corum/BloombergThis article is for subscribers only.
Final approval of exchange-traded funds linked to Ether, the world’s second-most popular digital asset, could come during the summer, Securities and Exchange Commission Chair Gary Gensler told lawmakers.
“Individual issuers are still working through the registration process that’s working smoothly,” Gensler said during a Thursday hearing before a Senate Appropriations subcommittee.