Posted 3/6/2024, 12:50:00 AM
SEC Seeks Further Public Input on Blocking or Approving Spot Ether ETFs Over Manipulation Concerns
- SEC delayed decisions on BlackRock and Fidelity's spot ether ETF applications, launched comment periods
- Asked for feedback on whether spot ether ETFs are susceptible to manipulation
- Continuing delays expected, May 23 is date to watch for final decision
- If applicants update filings over next weeks responding to SEC feedback, could signal optimism
- Recent application updates reflect bitcoin ETF process lessons, not ether-specific SEC guidance
