U.S. SEC Chairman: Ether Spot ETF Approval May Take Some Time

June 5 - According to Fox's Eleanor Terrett, SEC Chairman Gary Gensler said that the approval of an ethereum spot ETF could take some time, suggesting that the S-1 approval process could be slow.

On CNBC Squawk Box, Gary Gensler also shifted from “all tokens are securities” to “tokens lack proper disclosure”. When asked about other token ETFs, Gensler shied away and turned the conversation to the risks of cryptocurrencies.