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International Business Times
International Business Times
Business
Marvie Basilan

RARE PHOTOS: Ethereum etfs launch analyst floats potential problem issuer amid sec s slow approval - The Real Truth

SEC ETF Eric Balchunas Ethereum VanEck Bitwise Crypto Galaxy Digital
Ether users are anticipating the launch of spot ETH ETFs, but the SEC is taking its "sweet" time to fully approve the funds. (Credit: Reuters)

KEY POINTS

  • Bloomberg's Balchunas revealed the latest round of comments were 'light'
  • He floated the idea of a potential 'problem' issuer within the pool of ETH ETF applicants
  • Some crypto users said launching around the July 4th holiday wouldn't be the best time

As the Ethereum community anticipates the nearing full approval of spot Ethereum ($ETH) exchange-traded funds (ETFs), new details have emerged about progress in the U.S. Securities and Exchange Commission's (SEC) processing of S-1 filings.

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