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SEC delays making a decision on spot Ethereum ETF proposals | 🔸️Crypto 🔹️Nfts 🔸️Metaverse

SEC delays making a decision on spot Ethereum ETF proposals from Franklin Templeton, Grayscale

The U.S. Securities and Exchange Commission is delaying making decisions on the next steps for two proposed spot Ethereum exchange-traded funds proposed by Grayscale and Franklin Templeton. The agency pushed its timeline to decide to June 11, 2024 for the Franklin Ethereum ETF after which the SEC could approve or disapprove or institute proceedings, the SEC said in a filing on Tuesday.

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