
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on the Grayscale Ethereum Futures ETF, a move that has been anticipated by market watchers. The delay was attributed to the SEC's need for more time to consider whether to approve or disapprove a proposed rule change that would allow for the listing and trading of shares of the Grayscale Ethereum Futures Trust (ETH) ETF. This development comes as the SEC faces a deadline in 63 days, with concerns about Ether and potential backlash from past decisions influencing the regulatory body's cautious approach, as indicated by Eric Balchunas. Gensler's cautious stance is notably affecting the pace of ETF decisions.
SEC Again Delays Decision on Grayscale Ethereum ETF ► https://t.co/PZoyJM4l77 https://t.co/PZoyJM4l77
🚨 SEC delays decision on Grayscale’s proposed ETH futures ETF
There's the delay order for @Grayscale's Ethereum Futures ETF Filing -- as expected. https://t.co/gT3x8iw3Ml
