Sunday, June 16, 2024

Gensler Says ‘Keep Tuned’ on U.S. SEC’s Choice on ETH ETF

by Jeremy

The SEC, after weeks of restricted engagement, requested exchanges supporting spot ether ETF functions to refile their 19b-4 varieties with common language earlier this week. These varieties had been submitted to the SEC by Tuesday, and the exchanges started publishing them on-line that evening. The SEC additionally seems to have begun participating with the would-be issuers themselves, as firms like Constancy and Grayscale filed up to date S-1 varieties this week. The SEC has to make a ultimate choice on a minimum of one spot ether ETF utility by the tip of the day Thursday.

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