SEC Pushes Back Decision on Ethereum ETFs to 2024
• SEC delays decision on several Ethereum ETFs until May 2024 • Delay includes Hashdex Nasdaq Ethereum ETF, Grayscale Ethereum Futures ETF, VanEck spot Ethereum ETF, and ARK Invest/21Shares spot Ethereum ETF • Delays were expected by December 26th deadline per Bloomberg analysts • SEC has yet to approve a spot or mixed-type Ethereum ETF, despite approving futures ETFs • Market focused on potential spot Bitcoin ETF approvals, with 90% chance seen by January 2024