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Welcome to HODL.FM. The first publication to shoulder the weight of the crypto industry for posterity to know what happened in 2024.Our subject for today is the continued delay in approving an Ethereum ETF.If the SEC were to save its life by writing a book about procrastination, it would turn out a bestseller. Unless they decided to postpone that too, and why not? The commission has already become an old hand at procrastination. The Securities and Exchanges Commission deferred the decision to approve Grayscale’s Ethereum ETF application in November,  and now it happened once again in a new report that echoes the SEC’s past postponements.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1c9d9a371cac4602909fb22f54ccd350.gif" />Related: <a href="https://hodl.fm/digest-50" rel="noopener noreferrer nofollow">Ether ETF Expectations Fade, SEC Faces Sanctions, Cardano Price Forecast &amp;  Meta Introduces Fediverse Threads</a>The commission seems to say, ‘For now  invest in patience, and maybe one day we’ll decide.’ And if that is the case, perhaps we need an ‘ETF for ETF delays’so the patient ones like us can invest.Besides, whose patience is more compelling?<ul><li>A currency jockey* – Who keeps it old school with the financial markets to risk it all on national currencies.</li></ul>OR<ul><li>A hodler who kicks it with HODL.fm, riding the web3 wave like an underground extreme sports cyclist who just got wings from a can of redbull.</li></ul><img src="https://academy-public.coinmarketcap.com/optimized-uploads/74e07c19d74843d1817ec4f0c6d690b9.gif" /><h2 id="header-0">Chances of an ETF Approval for Ethereum Went Down from 70% to 35%</h2>The decision by the SEC has not come as a surprise to many since the apprehension began growing several weeks ago after a senior analyst said <a href="https://hodl.fm/sec-altcoin-etf-pressure" rel="noopener noreferrer nofollow">the chances of an ETF approval by Ma</a>y had gone down by 50%.<h2 id="header-1">READ MORE ON <a href="https://hodl.fm/ethereum-etf-delay-sec-reactions" rel="noopener noreferrer nofollow">HODL.FM</a></h2>

SEC has Done It Again: Postponement of Grayscale Ethereum ETF

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Alte articole publicate pe 25 mar. 2024

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