Launch Date of Ethereum ETFs Relies on Issuers, SEC's Gary Gensler States

• Approval of spot Ether ETFs depends on issuers' responsiveness to SEC feedback, says Chairman Gary Gensler.
• The SEC's favorable stance on Ether ETFs was influenced by Grayscale's legal success with Bitcoin ETFs.
• Analyst James Seyffart suggests political influences, particularly SEC Commissioner Lizárraga’s ties to Nancy Pelosi, might have affected the SEC's decision on Ether ETFs.

Source: https://www.bitdegree.org/crypto/news/launch-date-of-ethereum-etfs-relies-on-issuers-secs-gary-gensler-states?utm_source=reddit&utm_medium=social&utm_campaign=r-ethereum-launch-date