Ethereum ETFs Near SEC Approval, Potential Launch in Early July

SEC Chair Gary Gensler confirms smooth progress, with final decisions pending on minor disclosures.

Eight asset managers, including BlackRock and VanEck, await the SEC's final nod for spot Ethereum ETFs.
The SEC has already approved necessary rule changes for exchanges to list these ETFs.
Analysts predict a launch could happen within the next two to three weeks.
Ethereum ETFs are expected to offer regulatory certainty but may see muted investor interest compared to Bitcoin ETFs.
SEC Chair Gensler emphasized investor protection and proper disclosure as key priorities.