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International Business Times
International Business Times
Business
Manikandan Raman

SEC Seeks More Time On Ethereum ETF, Delays Decision on BlackRock's Application To March

SEC BlackRock Ethereum ETF Bitcoin Commission Hester Peirce

BlackRock needs to wait for the debut of its spot Ethereum exchange-traded fund (ETF) as the U.S. Securities and Exchange Commission (SEC) has delayed its decision on the same until March 10.

BlackRock filed for its spot Ethereum (ETH) ETF in November, called the iShares Ethereum Trust. The SEC made the delay one day before the Jan. 25 deadline, marking the initial delay within the SEC's 240-day review period.

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