Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The U.S. SEC postpones decision on Fidelity's Ethereum spot ETF application

The U.S. SEC postpones decision on Fidelity's Ethereum spot ETF application

2024/01/18 23:41
ETH-0.52%

According to The Block, a document submitted on Thursday shows that the U.S. Securities and Exchange Commission (SEC) has postponed the final deadline for making a decision on Fidelity's Ethereum spot, with the new deadline set for March 5th. The SEC stated: "The commission believes it is necessary to designate a longer time to take action on the proposed rule change in order to have sufficient time to consider the proposed rule change and issues raised therein." Bloomberg analyst James Seyffart commented: "This move is completely as expected, in my view, the really important date is late May." Earlier news reported that Fidelity applied for an Ethereum spot ETF last November.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Tether CEO: USDT Market Cap Surpasses $171 Billion, Setting New Record
2
Report: Ethereum Becomes the Preferred Institutional-Grade Financial Infrastructure

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,736.13
-0.80%
Ethereum
Ethereum
ETH
$4,484.13
-0.33%
XRP
XRP
XRP
$3.02
-1.13%
Tether USDt
Tether USDt
USDT
$1
-0.03%
BNB
BNB
BNB
$951.04
-0.01%
Solana
Solana
SOL
$233.72
-2.48%
USDC
USDC
USDC
$0.9997
-0.05%
Dogecoin
Dogecoin
DOGE
$0.2660
-0.81%
TRON
TRON
TRX
$0.3404
-0.61%
Cardano
Cardano
ADA
$0.8700
-0.45%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter