The US Securities and Exchange Commission has delayed a decision on Hashdex’s proposed ethereum ETF rule change.
The move, confirmed by a filing dated Nov. 15, comes just days after the regulator similarly delayed Hashdex’s bitcoin ETF proposal.
If the SEC were to approve the rule change, the ETF would allow investors to gain direct exposure to ether (ETH) as it would hold the actual cryptocurrency.
According to the SEC’s filing, the Commission now has until Jan. 1, 2024 to make a decision or “institute proceedings to determine whether to disapprove the proposed rule change.”
The delay is one of the handful expected this week, including SEC decisions on the Franklin…
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