Cryptocurrency

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-anticipate-secs-approval-of-eth-etf/" data-wpel-link="internal">Investors Anticipate SEC’s Approval of ETH ETF</a><br></p>
<p><strong>Cryptocurrency <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a></strong> eagerly awaited the approval of the ETH ETF. Just when they were about to give up, Gensler took the stage. The SEC Chairman likely softened his stance on crypto due to Biden’s upcoming elections. He recently gave the first approvals for the <strong>ETF</strong>, but listing dates are still unclear.</p> 
<h2 id="crypto-breaking-news">Crypto Breaking News</h2> 
<p>In recent statements, Gensler said that S-1 Form approvals for <strong>Spot <a href="https://en.coin-turk.com/ethereums-unique-trajectory-in-the-cryptocurrency-market/" data-wpel-link="internal">Ethereum</a> ETF</strong> <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener" data-wpel-link="exclude">applications</a> would be given before the end of summer. Since the first approval was received, investors are not in a rush regarding the ETF launch date. However, the longer the SEC delays the S-1 Form approvals, the later the ETF launches will occur during these exciting times for crypto.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-362119 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/ETHUSDT_2024-06-13_17-42-35.png" alt="" width="1097" height="505"></p> 
<p>About 2 weeks ago, Gensler requested the final form drafts from issuers and has likely been providing feedback for necessary adjustments. The drafts will go back and forth between the SEC and the issuing company until they meet the SEC’s requirements. Once finalized, the SEC will approve it and allow listings on the first trading day. According to Gensler, this will happen before the end of summer. Everyone expected the process to be completed by June without further delays.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-anticipate-secs-approval-of-eth-etf/" data-wpel-link="internal">Investors Anticipate SEC’s Approval of ETH ETF</a></h5>

Investors Anticipate SEC’s Approval of ETH ETF

Table of Contents

COINTURK NEWS

Other articles published on Jun 13, 2024

Cardano’s 6% drop makes NOW the best time to buy ADA, here’s why

SyncSwap to Distribute 100% of ZKsync Airdrop to The Community!

Bitcoin Price Ready To Skyrocket After MicroStrategy’s $500M Move To Buy BTC

ONI DEX Debuts Multi-Chain Ecosystem, Launchpads

Statement from Terra CEO After the SEC-Terra (LUNA) Agreement "We are Disbanding!"

Founder of Popular Altcoin Declared "FUD is Over", Price Moved!

Join our free newsletter for daily crypto updates!