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International Business Times
International Business Times
Business
Marvie Basilan

SEC Delays Decision On BlackRock, Fidelity's Spot Ethereum ETF Applications, Seeks Public Opinion

SEC BlackRock Fidelity ETF Ethereum Franklin Templeton Jake Chervinsky James Seyffart United States
The SEC was supposed to make a decision on BlackRock's application on March 10, but it now seeks public comments on the asset management giant's spot ETH ETF application. (Credit: Forextime.com/flickr)

KEY POINTS

  • The regulator has thrown out an initial March 10 decision-making date for BlackRock's application
  • It now seeks public comments on BlackRock and Fidelity's applications
  • Some experts have said further delays on spot ETH ETFs should be expected

The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision-making for asset management titan BlackRock's application for a spot Ethereum exchange-traded fund (ETF).

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