Posted 12/13/2023, 9:32:14 PM
SEC Pushes Back Decision on First-Ever Spot Ethereum ETF to 2024 As Crypto Asset Managers Await Potential Approval
- SEC delays decision on Invesco and Galaxy Digital's spot Ethereum ETF application to February 6th, 2024
- This is the first spot Ethereum ETF application received by the SEC
- The SEC has never approved a spot crypto ETF, including for Bitcoin
- Other major asset managers like BlackRock, ARK Invest, and VanEck have also filed for spot crypto ETFs
- SEC officials recently met with asset managers to discuss their crypto ETF applications