The Securities and Exchange Commission is again delaying making a decision on whether to approve of the proposed Grayscale Ethereum Futures Trust exchange-traded fund , according to a recent filing.
"The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein," the agency said in the filing.Seyffart has previously said that Grayscale is playing chess, not checkers as a way to get the SEC to eventually approve of a spot Ethereum ETF.
The agency previously delayed its time to consider Grayscale's ether futures ETF a few times — most recently in December when it asked for public comments.
Source: Digital Coin News (digitalcoinnews.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Spot Ether ETF: 'No Grounds for Disapproval,' Major Expert SaysRecent SEC meeting with Grayscale, Coinbase representatives is good news for spot Ethereum (ETH) ETF enthusiasts
Source: Utoday_en - 🏆 295. / 63 Read more »
Analyst Names Key Reason Behind Disastrous Grayscales OutflowsGrayscale's Grayscale Bitcoin Trust (GBTC) is seeing massive outflows
Source: Utoday_en - 🏆 295. / 63 Read more »
Following Fidelity's lead, Grayscale looks to add staking for its proposed Ethereum ETFGrayscale Investments is looking to add staking to its proposed spot Ethereum ETF, according to a statement filed on Tuesday.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Grayscale Ethereum Trust discount drops to -20% as hope dwindles for spot ETF in MayThe Grayscale Ethereum Trust discount has fallen to its lowest level since November 2023 as hopes for a spot ETF by May have dwindled.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Grayscale amends Spot Ethereum ETF filing, ETH trades sideways below $3,700Grayscale manages $10.87 billion in assets in its Ethereum Trust, and the asset manager recently amended its filing for a Spot Ethereum ETF.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Bitcoin price rally eases as Grayscale calls out SEC for unfair discrimination against its shareholdersBitcoin (BTC) price has suffered a rejection from a multi-year supply barrier, but this correction looks healthy to give sidelined investors and late buyers a chance to buy the dip.
Source: FXStreetNews - 🏆 14. / 72 Read more »