The U.S. SEC has once again postponed its decision on the listing of a spot Ethereum ETF option on the New York Stock Exchange. In a submitted filing, the SEC stated that the delay is intended to conduct further analysis and gather public opinion, particularly regarding whether the proposed rule changes comply with the requirements of the Securities Exchange Act. The SEC emphasized concerns about the potential impact of the proposal on preventing market manipulation, protecting investors, and ensuring a fair trading system, which fall under the provisions of Section 6(b)(5) of the Securities Exchange Act.

PANews, November 9 – According to The Block, the U.S. SEC has once again delayed its decision on whether to approve the request for a spot Ethereum ETF listing on the New York Stock Exchange (NYSE). In the submitted documents, the SEC stated that the delay is intended for further analysis and public opinion, particularly regarding whether the proposed rule changes comply with the requirements of the Securities Exchange Act. The SEC emphasized concerns about the potential impacts of the proposal on preventing market manipulation, protecting investors, and ensuring a fair trading system, which fall under the provisions of Section 6(b)(5) of the Securities Exchange Act.

The U.S. SEC has once again postponed its decision on the listing of spot Ethereum ETF options on the New York Stock Exchange.