SEC continues to delay decisions on crypto ETFs: Law Decoded
The latest delays came two weeks before the second deadline for many applicants. Go to Source
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The latest delays came two weeks before the second deadline for many applicants. Go to Source
Grayscale has filed an application with the U.S. SEC to convert its Ethereum Trust to a spot Ethereum ETF. Go to Source
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. Go to Source
Bloomberg analyst Eric Balchunas speculated the SEC may have applied pressure on Valkyrie to halt purchases of ETH futures contracts until the ETF was officially approved. Go to Source
Ether’s price is up today as traders weigh the possibility of an Ethereum futures ETF launching and a weaker than anticipated inflation print. Go to Source
Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the SEC. Go to Source
Some analysts have speculated the SEC will announce decisions or delays on crypto exchange-traded funds before Sept. 30 in anticipation of a U.S. government shutdown. Go to Source
An impending U.S. government shutdown may be accelerating the launch of Ethereum futures ETFs, analysts suggest. Go to Source
The commission also designated a longer period to reach a decision on spot Bitcoin ETF applications from ARK 21Shares and GlobalX on Sept. 26. Go to Source
The SEC’s controversial Staff Accounting Bulletin 121 has received a steady flow of criticism since its publication in March 2022. Go to Source