🔷 Ethereum has returned to a local low – $3,430

The market is digesting new FUD from SEC Chairman Gary Gensler, who is reluctant to provide specifics on the launch of spot ETFs for Ether but promises to sign the necessary papers by the end of the summer.

However, the CFTC Chairman is more positive and confidently calls ETH a commodity.

We just need to wait until the end of the summer when Gary signs the S-1 forms, and then the CFTC will handle Ether 😎