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SEC Postpones Decision on Invesco Spot Ethereum ETF

From etf.com

The Securities and Exchange Commission (SEC) has delayed its decision on a rule change that would allow an Invesco Galaxy spot Ethereum exchange traded fund to begin trading, the agency said in a filing posted Monday. The SEC extended its deadline by 60 days and will decide whether to approve or reject the Invesco application for the rules change by July 5. “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC ... (full story)

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