The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. The decision was initially scheduled for January 25, but has been deferred to March 10, 2024. The delayed decision follows the recent approval by the SEC of nearly a dozen spot Bitcoin ETFs. BlackRock’s …
Tag: Ethereum ET
Feb 24 2024
SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal
The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum …