The U.S. Securities and Exchange Commission (SEC) has delayed its decision on spot Ethereum exchange-traded fund (ETF) proposals from Grayscale Investments and Franklin Templeton. The SEC stated that it needs more time to review the proposals. These fund managers, along with others, are seeking approval from the SEC to allow their investment vehicles to trade on American stock exchanges.
SEC Delays Its Decision on Spot Ethereum ETFs From Grayscale and Franklin Templeton
Apr 24, 2024