{"id":160418,"date":"2024-01-19T11:45:32","date_gmt":"2024-01-19T11:45:32","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=160418"},"modified":"2024-01-19T11:45:37","modified_gmt":"2024-01-19T11:45:37","slug":"sec-delays-decision-about-spot-ethereum-etf-when-will-they-get-the-green-light","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/sec-delays-decision-about-spot-ethereum-etf-when-will-they-get-the-green-light\/","title":{"rendered":"SEC Delays Decision about Spot Ethereum ETF: When Will They Get the Green Light?"},"content":{"rendered":"
The launch of Fidelity’s highly anticipated Ethereum<\/a> ETF experienced a delay as the United States Securities and Exchange Commission (SEC) granted an extension, pushing the final decision date to March 5, 2024<\/strong>. According to the official statement, the SEC justified this postponement by deeming it necessary to have an additional period to assess the ETF proposal and related matters presented by Fidelity.<\/p>\n This delay did not catch many experts in the financial field by surprise, including James Seyffart from Bloomberg, who predicts a possible approval of the Ethereum ETFs in May.<\/strong> This projection aligns with the SEC’s deadline for making final decisions on various ETF-related applications. Seyffart emphasizes that this optimism is based on the analysis of previous timelines and market dynamics.<\/p>\n Fidelity #ethereum<\/a> ETF delayed just now. Completely expected. Dates that really matter are late May in my view. https:\/\/t.co\/8mvhcPRaS7<\/a><\/p>\n — James Seyffart (@JSeyff) January 18, 2024<\/a><\/p><\/blockquote>\n\n