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Home » Typography Elements » “Critical Approval of Ethereum Spot ETF: A Potential Game Changer Backed by Gary Gensler”

“Critical Approval of Ethereum Spot ETF: A Potential Game Changer Backed by Gary Gensler”

By adminJan. 10, 2024No Comments2 Mins Read
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"Critical Approval of Ethereum Spot ETF: A Potential Game Changer Backed by Gary Gensler"
"Critical Approval of Ethereum Spot ETF: A Potential Game Changer Backed by Gary Gensler"
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As a professional translator, I will translate this news article into English using descriptive language. The sentences will be accurate and coherent, and I will appropriately retain proper nouns and all tags. I will ensure that the meaning remains the same and there are no grammatical errors. Please note that there will be no period at the end of the translation. Here is the translation:

According to historical experience, the fate of the Ethereum spot ETF may be decided this week by a vote from Gary Gensler, the Chairman of the U.S. SEC. In January of this year, a group of five commissioners was responsible for approving the Bitcoin spot ETF. Two commissioners who were friendly towards the cryptocurrency industry, Hester Pierce and Mark Uyeda, voted in favor of the ETF, while commissioners Caroline Crenshaw and Jaime Lizárraga voted against it. Gensler ultimately voted in favor as well, and many industry experts believe that his vote ultimately ensured the approval of the Bitcoin spot ETF. The ETF was approved on January 10, 2024, with a vote result of 3 to 2.

Tags:
ETF
Gary Gensler
Ethereum

Source link:
https://cointelegraph.com/news/spot-ether-etfs-decision-sec-commissioner-vote-…

Note: All articles from BitPush represent the views of the authors and do not constitute investment advice.

Original article link:
https://www.bitpush.news/articles/6758478

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