SEC Postpones Ruling on Fidelity's Ethereum ETF as Bitcoin Funds Take Off
• SEC delays decision on Fidelity's Ethereum ETF application • If approved, Fidelity's Wise Origin Ethereum Trust would track price of Ether • SEC recently approved 11 spot Bitcoin ETFs, allowing them to trade in US • Ether price surged after Bitcoin ETF approvals, but has since fallen back • Fidelity's Bitcoin ETF crossed $1 billion in assets, becoming 2nd to do so