SEC delays decision on Hashdex ETH ETF rule change
Blockworks
17 Nov 2023 4:47 PM
The SEC's move, confirmed by a filing dated Nov. 15, comes just days after the regulator similarly delayed Hashdex’s bitcoin ETF proposal....
- The US Securities and Exchange Commission (SEC) has delayed a decision on Hashdex's proposed ethereum ETF rule change.
- The SEC has until January 1, 2024, to make a decision or institute proceedings to determine whether to disapprove the proposed rule change.
- This delay follows similar delays on Hashdex's bitcoin ETF proposal and Grayscale's proposed ethereum ETF rule change.
- The SEC has issued over 30 rejections to various filers in the past, including the Winklevoss twins.
- BlackRock, the world's largest asset manager, has shown interest in both bitcoin and ether ETFs.
The sentiment of the article is neutral. It provides information about the SEC's delay on Hashdex's proposed ethereum ETF rule change and mentions previous delays and rejections by the SEC. It also highlights the interest of BlackRock in bitcoin and ether ETFs.