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SEC once again postpones decision on BlackRock’s Ethereum spot ETF application! Will be evaluated again on March 10

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2024-01-25 12:15:37385browse

SEC once again postpones decision on BlackRock’s Ethereum spot ETF application! Will be evaluated again on March 10

According to official documents, the U.S. Securities and Exchange Commission (SEC) has postponed BlackRock’s Ethereum spot ETF application and will make another decision on March 10.

SEC stated: The Commission believes it is appropriate to extend the deadline to fully consider the rule changes and respond to related issues.

SEC once again postpones decision on BlackRock’s Ethereum spot ETF application! Will be evaluated again on March 10

Ethereum spot ETF, May is the key

Just like the Bitcoin spot ETF was postponed for a whole quarter in Q4 last year, most ETF analysts It is also believed that the final review date in May is the key.

The SEC also postponed the Fidelity Ethereum Spot ETF on January 18.

Bloomberg ETF analyst James Seyffart said: In the next few months, Ethereum spot ETF postponements will appear sporadically, and the next important date will be May 23.

Previously reported that although issuers are optimistic about Ethereum ETFs, the SEC seems to be quite resistant to it.

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