TechFlow reported, citing Cointelegraph, that ConsenSys CEO Joseph Lubin said in an interview he expects the 19b-4 filings submitted by companies such as BlackRock will be approved by the U.S. SEC. However, launching them to the public could be a much longer process.
Lubin noted, "S-1 approval is the key for these new ETFs to go live, and that might take some time. It's unclear right now whether it will be delayed. I suspect this has now become a major political issue." He added that, given there are some very savvy supporters of cryptocurrency within the U.S. Democratic Party who are trying to craft a strategy to convince people—and election campaigns—that they are pro-crypto.
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