The US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove the proposed Invesco Galaxy spot Ethereum exchange-traded fund (ETF) product for the third time.
With the latest delay, the agency has until July 5 to make its final decision on the spot Ether ETF application.
“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein.”
The post SEC Further Extends Date for Decision on Invesco Galaxy Spot Ethereum ETF appeared first on CryptoPotato.
The US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove the proposed Invesco Galaxy spot Ethereum exchange-traded fund (ETF) product for the third time.
With the latest delay, the agency has until July 5 to make its final decision on the spot Ether ETF application.
“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein.”
The post SEC Further Extends Date for Decision on Invesco Galaxy Spot Ethereum ETF appeared first on CryptoPotato.