Ethereum

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 The US Securities and Exchange Commission (SEC) has announced it is extending its evaluation period for Grayscale’s Ethereum ETF by a month to January 25. 
 The proposal, submitted by NYSE Arca, Inc. on October 10, sought a rule change to facilitate the listing and trading of Grayscale Ethereum Trust shares under NYSE Arca Rule 8.201-E, which is dedicated to Commodity-Based Trust Shares. 
 This was followed by a comment period, letting the public and industry experts share their thoughts on how to create a comprehensive regulatory process.<img decoding="async" class="alignnone size-full wp-image-463602" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20815%20420'%3E%3C/svg%3E" alt="SEC Delays Grayscale's Ethereum ETF Decision to 2024 " width="815" height="420" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/12/06/cba7e5004ff61950c06df42a682cdc6f.webp 815w, https://cdn.thebittimes.com/images/2023/12/06/cba7e5004ff61950c06df42a682cdc6f.webp 300w, https://cdn.thebittimes.com/images/2023/12/06/cba7e5004ff61950c06df42a682cdc6f.webp 768w" data-lazy-sizes="(max-width: 815px) 100vw, 815px" data-lazy-src="https://cdn.thebittimes.com/images/2023/12/06/cba7e5004ff61950c06df42a682cdc6f.webp">
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 The December 5 filing says, “The 45th day after publication of the notice for this proposed rule change is December 11, 2023. The Commission is extending this 45-day time period.” 
 <h2 id="strong-sec-keeps-grayscale-waiting-for-s-etf-approval-for-seven-years-strong">SEC Keeps Grayscale Waiting For s ETF Approval For Seven Years</h2> 
 Grayscale has been pursuing regulatory approval for a spot Exchange-Traded Fund (ETF) since 2017. Once successful, it could bring cryptocurrency investment opportunities to a broader audience through traditional financial markets. 
 The SEC has also delayed the Hashdex Nasdaq Ethereum ETF proposal to January 1, 2024. 
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2> 
 <ul> 
 <li style="font-weight: 400">Bitcoin ETF Approvals Inch Closer As BlackRock And Bitwise Submit Revised Filings</li> 
 <li style="font-weight: 400">SEC Postpones Decisions On Hashdex Spot Bitcoin ETF And Grayscale Ether Futures ETF Applications</li> 
 </ul> 
 Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/sec-delays-grayscale-s-ethereum-etf-decision-to-january-tbt72815.html">https://thebittimes.com/sec-delays-grayscale-s-ethereum-etf-decision-to-january-tbt72815.html</a>
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SEC Delays Grayscale’s Ethereum ETF Decision To January

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