The post SEC’s Gary Gensler Clarifies: Bitcoin ETF Nod Doesn’t Guarantee Ethereum ETF Approval appeared first on Coinpedia Fintech News
Gary Gensler is in the headlines almost daily and seems neck-deep in legal scoops and negative criticism of his leadership. SEC Chair Gary Gensler offered no new details on Ether ETF applications during a CNBC interview, maintaining the same procedural approach as Bitcoin ETFs.
The SEC’s delay on multiple Ethereum ETF decisions underscores ongoing regulatory caution. His stance has started a fresh debate on the SEC’s way of denial, delay, and final acceptance.
SEC’s Tightrope: Caution or Stalling?
With growing speculation around an Ethereum ETF, it’s evident that the SEC is more involved in ETH than it appears. Meanwhile, Larry Fink and Cathie Wood have stated they think it’s happening. Franklin Templeton is making a new filing this week, alongside existing ones from BlackRock, Fidelity, Ark, Grayscale, VanEck, Invesco, and Galaxy.
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