SEC delays Invesco Galaxy spot ETH ETF, but May decisions ar | Crypto World ICOs

SEC delays Invesco Galaxy spot ETH ETF, but May decisions are still expected

The U.S. Securities and Exchange Commission (SEC) extended the decision period for Invesco and Galaxy’s spot Ethereum ETF on Feb. 6. The SEC said that the proposed rule change was published for comment in the Federal Register on Nov. 8, 2023. The agency then designated a longer period for approval on Dec. 13, 2023, extending the period during which it could approve, disapprove, or institute proceedings around approval or disapproval.

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