Ethereum

The US Securities and Exchange Commission (SEC) has postponed its judgment on whether to approve the Hashdex Nasdaq Ethereum exchange-traded fund.  
This comes as the regulator decided to postponed the decision on May 30, 2024, and the fund will hold ether spot and futures contracts if approved. The Nasdaq Stock Exchange (NSE) filed an application with the SEC in September, and Toroso Investments administers and controls the fund.  
In addition, the SEC solicited public comment on the ETF in December and has postponed a decision on many occasions. Also, the SEC has postponed its decision on the ARK 21Shares <a href="https://optimisus.com/news/crypto-news/grayscale-pushes-for-the-first-spot-in-ethereum-etf-despite-facing-regulatory-hurdles/" rel="noopener noreferrer nofollow">Ethereum ETF</a>, which tracks the performance of ether, until May 24, 2024.  
In light with this, the SEC has also requested public input on this proposal. The chance of a spot Ethereum ETF clearance by May has decreased, with Eric Balchunas, an ETF analyst at Bloomberg, reducing his forecast from 70% to 30%.  
Recently, <a href="https://optimisus.com/news/crypto-news/grayscales-gbtc-sees-over-10b-outflow-marking-a-record-withdrawal/" rel="noopener noreferrer nofollow">Grayscale</a>&nbsp;has submitted an updated application for a spot Ethereum ETF to the US SEC. The firm notes that the triumph of Ethereum futures ETFs bolsters the argument for a direct Ethereum ETF.  
Ethereum is currently trading below $3,100, down over 8.4% in the last 24 hours. 
The post <a href="https://optimisus.com/news/crypto-news/the-us-sec-extends-the-deadline-for-its-decision-about-ethereum-etf-to-may-30/" rel="noopener noreferrer nofollow">The US SEC extends the deadline for its decision about Ethereum ETF to May 30</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

The US SEC extends the deadline for its decision about Ethereum ETF to May 30

Optimisus

在 2024年3月20日發表的其他文章

Bitcoin and Ethereum Face Turbulence: Analyzing Overheated Signals Amid Market Rebound

Korea’s security token group KSTO signs MOU with blockchain developer Metalab

Android Users Can Now Store DOGE, SHIB, ETH, MATIC and Other Coins on Robinhood Worldwide

Cardano Founder Stuns With Seven-Year Prediction, But It's Not on ADA

Peter Brandt Predicts Bitcoin (BTC) Crash: What's Next?

Major sell-off incoming: This crypto will unlock $120 million in tokens

訂閱免費電子報，每天收取加密貨幣最新動態！