Gary Gensler: The approval of the Ethereum spot ETF is progressing smoothly, and the issuer is waiting to make appropriate disclosures.

Odaily Odaily News: U.S. SEC Chairman Gary Gensler said in response to inquiries about the approval process of the Ethereum spot ETF: "I don't know the exact time, but it's going well." He explained that his team is waiting for asset managers to make "appropriate disclosures." There are reports that Gensler's position on cryptocurrencies may cause Joe Biden, who appointed him, to lose the election, and he refused to answer the question. Gensler said: "My first priority is the American public. They are customers, so we represent them." (Fortune)