SEC Chairman Gensler hints at slowdown in S-1 approval for Ethereum ETF. Gensler stressed the need for careful review and extended timeline for S-1. Although Form 19b-4 has been approved, finalization of Form S-1 may take weeks or even months. Industry insiders expect that the first batch of Ethereum ETFs may attract $4 billion in investment, with strong market demand. Major financial institutions such as BlackRock have already prepared $10 million in initial assets for their ETFs.

Key Points

- The SEC's slow approval of Form S-1 may delay the trading debut of Ethereum ETFs.

- Ethereum ETFs are expected to attract $4 billion in inflows, showing strong market demand.

- BlackRock invested $10 million in the new Ethereum ETF before SEC approval.

- SEC Chairman Gary Gensler said in a CNBC interview that further approval steps for ETFs will take time.

- The launch of Ethereum ETFs may lead to new highs in ETH prices.

- The SEC's detailed review process shows a cautious regulatory attitude towards these financial instruments. #bnb历史新高 #山寨季何时到来？ #MegadropLista #泰国批准首个比特币现货ETF