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The SEC has once again delayed its decision on whether to approve spot Ethereum ETF options.
Nov 8, 2024
#ETF ETH
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on whether to approve spot Ethereum exchange-traded fund (ETF) options, stating that more analysis and public input are needed, particularly regarding whether the proposed rule changes comply with the Securities Exchange Act requirements. The SEC emphasized concerns about market manipulation, preventing investor losses, and ensuring fair trading. This delay involves multiple Ethereum-related products, including the options proposals from Bitwise and Grayscale, while also considering whether the BlackRock iShares Ethereum Trust (ETHA) can list options. Previously, the SEC approved several Ethereum ETFs, and the trading volume of these funds has recently surged, indicating strong market demand for Ethereum products. (TheBlock)
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The SEC has once again delayed its decision on whether to approve spot Ethereum ETF options.
Nov 8, 2024
#ETF ETH
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on whether to approve spot Ethereum exchange-traded fund (ETF) options, stating that more analysis and public input are needed, particularly regarding whether the proposed rule changes comply with the Securities Exchange Act requirements. The SEC emphasized concerns about market manipulation, preventing investor losses, and ensuring fair trading. This delay involves multiple Ethereum-related products, including the options proposals from Bitwise and Grayscale, while also considering whether the BlackRock iShares Ethereum Trust (ETHA) can list options. Previously, the SEC approved several Ethereum ETFs, and the trading volume of these funds has recently surged, indicating strong market demand for Ethereum products. (TheBlock)
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