The US Securities and Exchange Commission (SEC) has postponed the spot Ethereum (ETH) ETF application jointly submitted by investment companies Invesco and Galaxy.
SEC Tariff applied to Bitcoin ETFs It continues to apply to Ethereum ETFs as well. He’s had every spot Bitcoin exchange-traded fund (ETF) filing on his desk so far. to 2024 SEC postponed this time too Invesco Galaxy Ethereum spot ETF your application 6 February 2024 postponed. regulatory body by this date at the latest will need to announce its final decision on the application.
Under the management of Invesco More than $1.4 billion in assets is available and if spot Ethereum ETF can get approval one of the most powerful actors in the market It is thought that it will be referred to as.
Investment giants Invesco and Galaxy submitted their spot Ethereum ETF application to the SEC last September. If the ETF application in question is approved, the famous billionaire Mike Novogratz cryptocurrency focused investment company Galaxy DigitalInvesco Buying, selling and storing Ethereum will be the intermediary.
Invesco at the beginning of November spot Bitcoin (BTC) ETF code on Nasdaq responsible for the execution of transactions at DTCC was listed.