SEC Defers Decision on Invesco’s Ethereum (ETH) Spot ETF: A Significant Update for Crypto Investors

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The United States Securities and Exchange Commission (SEC) has delayed its decision on the approval of Invesco Galaxy’s ETH Spot ETF, causing increased uncertainty in the crypto market.
Invesco Galaxy’s Ethereum Spot ETF aims to reflect the performance of the spot price of Ether, but the SEC has declared that additional time is needed to analyze the related concerns and the proposed rule change.
Notable companies like Blackrock have also experienced delays in their Spot ETF proposals, casting a shadow on the exchange products within the crypto community.

The SEC’s decision to delay the approval of Invesco Galaxy’s ETH Spot ETF has fueled uncertainty in the crypto market, with other notable companies like Blackrock also experiencing similar delays. This article explores the implications of these developments.

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SEC Delays Decision on Invesco’s Ethereum Spot ETF

In October last year, Invesco Galaxy filed a proposed rule change to list and trade shares of its Ethereum spot ETF, Commodity-Based... Read the full article for FREE at COINOTAG!