❗️Spot Ethereum ETFs may be approved faster
SEC Commissioner Hester Pierce said in a recent interview that the agency does not want to repeat the “mistake of delays” with ETH-ETFs.
We don't need a court to tell us that our approach is "arbitrary and capricious" for us to do it right.
The SEC must make a decision on VanEck's application by May 23, ARK 21Shares by May 24, Hashdex by May 30, Grayscale by June 18, and Invesco by July 5.
Applications from Fidelity and BlackRock must be reviewed by August 3 and August 7.
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