Ethereum ETF Issuers Remain Optimistic For An Approval From The SEC
Summary
Ethereum Spot ETF applicants are confident about SEC approval. Fox Business reporter Eleanor Terret shared diverse opinions from anonymous sources, including expectations of approval by the end of summer. The sources cited Blackrock's success with BTC ETFs and the SEC's approval of ETH futures ETFs as potential factors for approval. SEC Chair Gensler's stance on Ethereum as a security and Ripple's partial victory over the SEC were also mentioned. SEC Commissioner Hester Peirce emphasized the need to avoid delays with ETH ETFs. However, another source indicated internal resistance to the idea at the SEC. Terret expects more details in the upcoming months.
