⚡️ Ethereum Solution ETF Coming Very Soon
The cryptocurrency market froze in anticipation of a decision on the Ethereum ETF. SEC Commissioner Gary Gensler today declined to announce the SEC's decision and advised "stay tuned."
💬 “I don’t have anything on this particular document,” Gensler said before an Investment Company Institute event in Washington.
💬 SEC Chair Gary Gensler said to "stay tuned" when asked what the agency might do with spot ether ETF applications. The SEC faces a final deadline for a decision on at least one application today.
🔽 Meanwhile, Symbolic Capital Partner sold 6,968 ETH worth $27.4 million in a minute, causing the price of ETH to drop by 5%. Let's hope that the sales are not related to the upcoming decision and continue to closely monitor the news.