The SEC has postponed its decision on whether to approve the Ethereum spot ETF options.

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SoSo Daily May 14 | Bitcoin Spot ETF saw a total net outflow of 96.14M USD yesterday, with none of the twelve ETFs experiencing a net inflow

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Nov 9, 2024

According to official news, the U.S. SEC has delayed its decision on whether to approve the Ethereum spot ETF options to conduct further analysis and gather public opinions, particularly regarding whether the proposed rule changes meet 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.

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