SEC Delays Decision on BlackRock’s Spot Ethereum ETF
The United States Securities and Exchange Commission (SEC) has postponed its decision on BlackRock’s proposed spot Ethereum (ETH) exchange-traded fund (ETF) a day ahead of the deadline. The SEC cited the need for more time to consider the implications of the proposed rule change. Sherry Haywood, the SEC’s assistant secretary, stated that the commission requires sufficient time to thoroughly evaluate the proposed rule change and the issues raised in it. The delay pushes the decision deadline from January 25 to March 10, 2024.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
