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The U.S. SEC has once again postponed its decision on the listing of Ethereum spot ETF options on the New York Stock Exchange.

ForesightNewsNov 9, 2024

According to Foresight News, The Block reported that the U.S. SEC has once again delayed its decision on whether to approve the request for the listing of an Ethereum ETF options on the New York Stock Exchange (NYSE). In the submitted documents, the SEC stated that the delay is intended for further analysis and public comment, particularly regarding whether the proposed rule changes meet the requirements of the Securities Exchange Act. The SEC emphasized concerns about the potential impact of the proposal on preventing market manipulation, protecting investors, and ensuring a fair trading system, which fall under the provisions of Section 6(b)(5) of the Securities Exchange Act.

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The U.S. SEC has once again postponed its decision on the listing of Ethereum spot ETF options on the New York Stock Exchange.

ForesightNewsNov 9, 2024

According to Foresight News, The Block reported that the U.S. SEC has once again delayed its decision on whether to approve the request for the listing of an Ethereum ETF options on the New York Stock Exchange (NYSE). In the submitted documents, the SEC stated that the delay is intended for further analysis and public comment, particularly regarding whether the proposed rule changes meet the requirements of the Securities Exchange Act. The SEC emphasized concerns about the potential impact of the proposal on preventing market manipulation, protecting investors, and ensuring a fair trading system, which fall under the provisions of Section 6(b)(5) of the Securities Exchange Act.

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