Industry News

20

Ether ETFs Should be Fully Approved by September, Says U.S. SEC Chair Gensler

Ether ETFs Should be Fully Approved by September, Says U.S. SEC Chair Gensler

When asked directly whether ETH is a commodity, Gensler didn’t respond with a yes or no, maintaining the uncertain position his agency has held on that asset. At the same hearing, when asked whether it’s a commodity, Commodity Futures Trading Commission (CFTC) chief Rostin Behnam responded, “Yes.”