BLK - Decision on BlackRock (BLK) Ether ETF Application Delayed Again | Benzinga

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on BlackRock, Inc.'s (NYSE: BLK) application for a spot Ethereum exchange-traded fund (AMEX:ETF). The first time the SEC delayed its decision on BLK's spot Ether ETF application was this January, after approving the launch of spot Bitcoin ETFs.

With the current delay, the SEC has launched comment periods for the application in process.

The regulator wants to know whether the arguments that were made in favor of the recently approved spot Bitcoin ETFs (the launch of spot Bitcoin ETFs was approved on Jan 10, 2024) support Ether ETFs as well.

Also, the SEC wants feedback on whether spot Ether ETFs are prone to manipulation. It further wants to know whether spot and futures Ether exchange-traded products are similar.

Now, it is expected that ...

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