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The SEC has postponed its decision on the spot Ethereum ETF proposals from BlackRock and Fidelity, and is seeking public opinion

2024-03-06 08:54:04
Collection

ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) will extend the decision timeline for BlackRock's spot Ethereum ETF proposal and also postpone its decision on Fidelity's spot Ethereum ETF, while seeking public input. The SEC has asked the public whether this ETF should be approved and specifically inquired whether the proof-of-stake mechanism of Ethereum raises "concerns about the susceptibility of Ethereum to fraud and manipulation."

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