"SEC Delays Decisions on Ether ETF Applications, Hester Peirce Reflects on Bitcoin ETF Lesson"

1 min read
Source: CoinDesk
"SEC Delays Decisions on Ether ETF Applications, Hester Peirce Reflects on Bitcoin ETF Lesson"
Photo: CoinDesk
TL;DR Summary

The SEC has delayed decisions on Grayscale Investments' application to convert its Ethereum trust product into an ETF, as well as BlackRock's similar application, following the recent approval of spot bitcoin ETFs. The agency is seeking public input on whether arguments for a spot bitcoin ETF also apply to a spot ethereum ETF, and is asking about concerns related to Ethereum's ecosystem and susceptibility to fraud and manipulation.

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