The regulator said that it was initiating procedures to solicit more public feedback.
James Seyffart, an analyst for Bloomberg ETFs, claims that these delays were anticipated.
Many Ethereum ETFs have had their SEC decisions postponed until May 2024. Delays in a decision on the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF were announced in several regulatory filings on December 18th by the agency.
Although Grayscale’s Ethereum Futures ETF is seen as a “trojan horse” that would coerce the SEC into approving Grayscale’s conversion of its Ethereum Trust to a spot Ethereum ETF, the Hashdex Ether ETF intends to hold both spot Ether and futures contracts.
Delays Anticipated
The regulator said in the papers that it was initiating procedures to solicit more public feedback on the listing of the ETFs. Along with the spot Ethereum ETFs offered by VanEck and 21Shares, the regulatory body also delayed a judgment on the one offered by Cathie Wood’s ARK Invest.
James S
We współpracy z: https://thenewscrypto.com/sec-postpones-decision-on-multiple-ethereum-etfs-until-may-2024/
