US SEC further delays decision on BlackRock's spot ethereum ETF
economictimes.indiatimes.comU.S. Securities and Exchange Commission (SEC) further delayed its decision on an application by asset manager BlackRock for its spot ethereum exchange-traded fund, according to a regulatory filing on Monday.
BlackRock in November last year filed its application for its iShares Ethereum Trust, which will be listed on the Nasdaq if approved.
Ether is the second-biggest cryptocurrency by market capitalization.
The SEC in January delayed its decision on BlackRock's application after it gave the green light to several bitcoin ETFs.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details» A spot crypto ETF tracks the market price of the underlying digital asset, giving investors exposure to the token without having to buy the currency.
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