SEC Approval for Multiple ETH ETFs Likely, Says ConsenSys CEO

IconCryptoNewsTerminal Staff22 May, 2024

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SEC Approval for Multiple ETH ETFs Likely, Says ConsenSys CEO

Ethereum (ETH) infrastructure development company ConsenSys CEO and Ethereum co-founder Joseph Lubin said that he "certainly expects multiple ETH ETF 19b-4 filings — including BlackRock's — to be approved by the SEC," but that it could take a long time before the products launch. "I think this has now become a big political football," he said, adding that "ETH ETF approval potentially positions the SEC as a thoughtful regulator."