The U.S. Securities and Exchange Commission (SEC) is delaying its decisions on several Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) applications until next year.
In new filings, the regulatory agency says that it will be delaying its decisions on applications filed by asset management firm Hashdex to create a mixed spot and futures Ethereum ETF and convert a Bitcoin futures ETF into a spot market one.
The SEC says it will also be pushing back its decision on crypto firm Grayscale’s bid for an ETH futures ETF.
In the statements, the SEC says that it needs more time to consider the proposed changes and is extending the original deadline of November 17th to January 1st, 2024.
“The Commission is extending [the] 45-day time period.
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