Speaking before the Senate Appropriations Committee,
he anticipates S-1s for spot Ethereum ETFs will be approved by the end of the summer.
Gensler said “throughout this summer,” while Hagerty said “by the end of the summer.” “I would dream sometime during this summer…” Gensler said in response. “If you're telling me these applications will be approved by the end of the summer, I appreciate that,” Hagerty said. said”
in May, the SEC approved applications called 19b-4 for spot Ethereum ETFs. However, before Ethereum ETFs can begin trading, the SEC must also approve S-1 filings.
market analysts thought that approval for S-1 applications for ETH ETFs would come in June and July, the SEC Chairman made a statement that was partially consistent with these predictions.
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