Ethereum

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<ul class="wp-block-list news-points">
 <li>The SEC has delayed its decision to approve options trading on Ethereum ETFs on the NYSE.</li>
 <li>The delay is due to the additional time required to review the proposal and assess its market implications.</li>
 <li>The agency aims to analyze if the proposal complies with the Securities Exchange Act.</li>
</ul>
The US Securities and Exchange Commission (SEC) delayed its decision on approving options trading for Ethereum ETFs on the New York Stock Exchange (NYSE). The SEC cited the need for more time to review the proposal, affecting multiple ETFs, including the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust.
In a November 8 filing, the SEC announced its second delay in the ETF approval. The regulator highlighted the need for more time to assess the proposal’s broader market implications.
The agency also plans to analyze whether the proposed rule change adheres to the Securities Exchange Act. The SEC stated that the analysis will focus on ensuring the proposal prevents manipulative practices, promotes fair trade, and protects investor interests.
<h2 class="wp-block-heading" id="h-nyse-s-proposal-for-ethereum-etf-options">NYSE’s Proposal for Ethereum ETF Options</h2>
The <a href="https://coinedition.com/nyse-options-trading-for-bitcoin-etfs-put-on-hold-by-sec/" rel="noopener noreferrer nofollow">NYSE</a> filed the proposed rule change on July 23, 2024, …
The post <a href="https://coinedition.com/ethereum-etf-options-trading-faces-another-setback-with-sec-delay/" rel="noopener noreferrer nofollow">Ethereum ETF Options Trading Faces Another Setback with SEC Delay</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum ETF Options Trading Faces Another Setback with SEC Delay

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