While everyone is waiting for the SEC’s decision on Ethereum Spot ETFs, there is no development yet, even though it is 23:30.
Bitcoin Spot ETFs were approved at 11:15 p.m.
Regarding the delay, Bloomberg ETF analyst Eric Balchunas said:
“Bloomberg Analyst Eric Balchunas: “There is no development yet. We’re waiting to hear something. I’ve seen two different people here claim (without citing their sources) that it was delayed until later in the night, but we can’t confirm this with anyone yet. That’s all we know right now. Although unconfirmed, a slight delay isn’t that crazy considering Trading & Markets was notified at the last minute. However, everything we have heard suggests it will be approved.”
However, a decision must be made today regarding VanEck’s application for Ethereum Spot ETFs, either rejection or approval.
*This is not investment advice.
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