Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»SEC postpones decision on Grayscale’s proposed spot ether ETF until new year
ADOPTION NEWS

SEC postpones decision on Grayscale’s proposed spot ether ETF until new year

By Crypto FlexsDecember 5, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC postpones decision on Grayscale’s proposed spot ether ETF until new year
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

The Securities and Exchange Commission is delaying a decision on whether to approve Grayscale. Ethereum ETH

+1.47%
Trust’s spot exchange-traded fund.

The SEC said it was extending the decision timeline for the proposed fund by 45 days, until Jan. 25, according to a filing Tuesday.

“The Commission has determined that it is appropriate to specify a longer period for taking action on the proposed rule change to allow sufficient time to consider the proposed rule change and the issues raised thereunder,” the SEC said.

Bloomberg Intelligence analyst James Seyffart wrote to

latest delay

The SEC also recently postponed a decision on the proposed offering. Hashdex A Nasdaq Ethereum ETF that plans to hold both spot Ethereum and futures contracts. Other companies are also exploring launching spot ether ETFs. black stoneSubject to regulatory approval.

grayscale investment contaminated Form 19b-4 to convert Grayscale Ethereum Trust to spot ETF in October. that The Trust was launched in March 2019 and became a voluntary SEC reporting company in October 2020.

It is currently the largest ETH investment vehicle in the world, with approximately $5 billion in assets under management, representing 2.5% of all ETH in circulation.

Grayscale and others were also seeking SEC approval for what would be the first U.S. spot Bitcoin ETF. Regulators have yet to approve any spot Ethereum or Bitcoin funds, and decisions on all applications received have been delayed so far.

BlackRock and Bitwise filed amendments to their S-1 filing for a spot Bitcoin offering with the SEC on Monday.


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.

About the author

Sarah is a reporter for The Block covering policy, regulation and legal events. Sarah was previously a reporter writing about securities regulation at CQ Legal, where she first began her reporting on cryptocurrencies. She Sarah has also written for The Bond Buyer and American Banker, among other financial publications. She graduated from the University of Missouri with a degree in Print and Digital Journalism. Sarah lives in Washington, DC and she is an avid coffee lover. You can follow her on Twitter @ForTheWynn.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025

Bybit Card Launches In Europe With Unmatched 20% Cashback

September 3, 2025

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 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

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025
Most Popular

XRP whales are on the move again, but are they bullish or bearish?

April 18, 2024

Ark Invest offloaded $6.4 million worth of Coinbase stock through ongoing rebalancing.

April 5, 2024

Bitcoin price takes another hit: the downturn intensifies

December 29, 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.