The SEC Has Delayed Its Decision on Approving An Ethereum ETF From Invesco and Galaxy Digital

Feb 08, 2024

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving or denying spot Ethereum exchange-traded funds (ETFs) from Invesco and Galaxy Digital. The delay comes after the SEC approved 10 Bitcoin ETFs in January. Analysts predict that an Ethereum ETF may be approved by May, as the SEC has not classified Ethereum as a security.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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