The Securities and Exchange Commission (SEC) Puts Hold on Decision on Ethereum ETFs: What Implications for Grayscale?

Quick Summary:

Securities and Exchange Commission (SEC) is still delaying its definitive ruling on the proposals for Ethereum-based Exchange Traded Funds (ETFs) even after a month of extension.

This is another important step toward uplifting ETHE as an ETF,” the press release declared.

This sentiment underscores a broader uncertainty and prevalent skepticism among crypto community members about the SEC’s pending decision.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Ethereum News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-24 @ 04:30:17 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 20776410

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 3 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 22 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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Publisher ID: #112

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