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US SEC delays decision on listing Grayscale Ethereum Futures Trust ETF

Published 12/18/2023, 12:54 PM
Updated 12/18/2023, 04:32 PM
© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) - The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the listing of the Grayscale Ethereum Futures Trust ETF, according to a regulatory filing on Monday.

Grayscale joins a list of firms whose petitions have either been delayed or denied by the top U.S. markets regulator.

Last week, the SEC denied a petition by Coinbase (NASDAQ:COIN) Global, seeking new rules from the agency for the digital asset sector. Coinbase later said it had filed a petition for review of the decision in court.

The SEC also delayed crypto asset management firm Hashdex's Ethereum ETF on Monday, a separate filing showed.

Latest comments

The SEC is a total joke! Give clear rules and regulations for crypto already! Sad thing is if there's clear rules and regulations and companies follow them, then they can't keep suing them for billions!
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