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SEC Gensler hints Ethereum ETF approval soon

SEC Chair Gensler adopts a more positive stance on crypto ETFs, hinting at imminent approval for Ethereum’s ETF after previous skepticism. Despite past doubts, Gensler’s tone suggests a smooth process, aligning with recent court rulings. However, uncertainty remains on the exact timeline for approval, though industry insiders anticipate it could occur this month or next. Gensler also reiterates concerns about crypto industry disclosures and security issues.

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