Spot Ethereum ETF Proposal Delayed by SEC
The SEC delays decision on Hashdex Nasdaq Ethereum ETF application to 2024...
- The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Hashdex Nasdaq Ethereum ETF application until 2024.
- BlackRock, a top investment manager, has filed for a spot Ethereum ETF, indicating growing comfort with the cryptocurrency.
- SEC Chair Gensler has not categorically stated whether Ether is considered a security under U.S. law.
- Analysts, including James Seyffart from Bloomberg Intelligence, believe Ethereum deserves the same spotlight as Bitcoin and anticipate SEC approval for spot Ethereum ETFs in 2024.
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The sentiment of the article is generally positive, as it highlights the growing recognition and potential approval of spot Ethereum ETFs by the SEC in 2024.
You May Ask
What is the current status of the SEC's decision on the Hashdex Nasdaq Ethereum ETF application?Which investment manager has recently filed for a spot Ethereum ETF?Has SEC Chair Gensler provided a clear answer on whether Ether is considered a security?What is James Seyffart's prediction regarding SEC approval for spot Ethereum ETFs?What is the sentiment of the article towards the potential approval of spot Ethereum ETFs?