U.S. Securities and Exchange Commission Decision deadline on BlackRock’s Spot Ethereum ETF proposal postponed to March
“The Commission finds it appropriate to impose a longer period of time to implement the proposed rule changes. This is to allow sufficient time to consider the issues raised,” according to the report.Wednesday
The SEC currently has a March 10 deadline to approve, disapprove, or take additional action on the proposed funds.
BlackRock SubmitWe are launching a Spot Ethereum ETF called iShares Ethereum Trust in November.
Previously, Fidelity’s Fidelity Ethereum Fund was also postponed.
“Spot Ethereum ETF delays will continue to occur periodically,” Bloomberg analyst James Seyffart said in a statement. in the next few months.”
refer : theblock.co
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