Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»SEC Delays Decision on Hashdex and Ark 21Shares Ethereum ETF
ADOPTION NEWS

SEC Delays Decision on Hashdex and Ark 21Shares Ethereum ETF

By Crypto FlexsMarch 20, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC Delays Decision on Hashdex and Ark 21Shares Ethereum ETF
Share
Facebook Twitter LinkedIn Pinterest Email

The Securities and Exchange Commission has postponed its decision on whether to approve Hashdex Nasdaq. Ethereum ETH

-7.18%
Exchange traded fund.

If approved, the Hashdex ETF will hold spot ether and futures contracts. in To find out In a filing Tuesday, the SEC said it would extend the time it takes to issue a decision until May 30, 2024.

“The Commission has determined that it is appropriate to specify a longer period for issuing an order approving or disapproving a proposed rule change to allow sufficient time to consider the proposed rule change and the issues raised thereunder,” the SEC said. said.

The Nasdaq stock exchange has filed with the SEC to list the Hashdex Nasdaq Ethereum ETF. September. The Fund is managed and controlled by Toroso Investments, a registered commodity pool operator with the Commodity Futures Trading Commission and a member of the National Futures Association. The SEC has delayed its decision on ETFs several times. public comment In December.

The SEC also said: To find out On Tuesday, it postponed its decision on the ARK 21Shares Ethereum ETF, which tracks Ethereum performance, to May 24, 2024. The SEC is also requesting public comment on the application.

Spot Ethereum ETF

large corporations such as fidelity and black stone, has been applying for a spot Ethereum ETF over the past few months. Optimism about the SEC approving such products has steadily declined over the past few weeks. Bloomberg ETF analyst Eric Balchunas recently said: fell He estimated the likelihood of a spot Ethereum ETF being approved by May at around 70% to 30%.

Bloomberg ETF analyst James Seyffart said delays were expected Tuesday.

“These orders will always be delay orders. The only deadline that matters is May 23,” Seyffart says. Posted On Tuesday

Seyffart also said he expects the spot Ethereum ETF to be rejected.

“The cautious and optimistic attitude towards the ETH ETF has shifted in recent months,” Seyffart posted on X on Tuesday. “We now believe this round will ultimately be rejected on May 23rd. The SEC has not worked with the issuer on Ethereum details. Quite the opposite of the #bitcoin ETF this fall.”

The SEC has previously approved ETFs similar to Ether futures, but not a spot Ether ETF or a hybrid ETF. october, nine A gift-based product was also approved and debuted at the same time.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Nautilus launches anti -tamper prevention Oracles in Sui Mainnet.

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Coinbase adds a pancake swap to Roadmap to Surges for BNB Chain Dex to record $ 173,000,000 in monthly.

June 7, 2025

Nautilus launches anti -tamper prevention Oracles in Sui Mainnet.

June 7, 2025

Binance Alpha Listing Drive Skating Token Price 33%

June 7, 2025

Data Center security improvement: Role and risk of base board management controller

June 7, 2025

Is the Solana -SOL route that is involved in whale movements still alive for $ 160?

June 7, 2025

Gala Games unveils a new byte pack in VEXI village.

June 7, 2025

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

ARCA is disappointed with the IPO allocation and dumps the circle sharing.

June 7, 2025

Eigenlayer starts the redistribution function in testnets

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Coinbase adds a pancake swap to Roadmap to Surges for BNB Chain Dex to record $ 173,000,000 in monthly.

June 7, 2025
Most Popular

Cardano (ADA) in danger: The failure signal suggests additional reduction

February 2, 2025

Ripple begins a $285 million share buyback that values ​​the company at $11 billion.

January 10, 2024

Symbiotic launches ‘licensed re-registration’ protocol, secures $5.8 million in funding

June 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.