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SEC Delays Decision Again on Spot Ethereum ETF Options

The United States Securities and Exchange Commission (SEC) has once more postponed its decision on whether to allow exchanges to list options for spot Ethereum (ETH) exchange-traded funds (ETFs). According to an October 11 filing, the SEC delayed its ruling on a proposal for Cboe Exchange to list options linked to popular spot ETH ETFs.

Initially expected by October 19, the SEC has extended the deadline for a final decision to December 3. This comes after the regulator authorized Bitcoin options to be listed on BlackRock’s spot Bitcoin ETF in September, signaling ongoing scrutiny of crypto-related ETFs.

Summary Review: The SEC has delayed its decision on allowing options linked to spot Ethereum ETFs to be listed on exchanges. Originally set for October 19, the ruling has been pushed back to December 3. This follows the SEC’s approval of Bitcoin options for BlackRock’s spot Bitcoin ETF earlier this year.

Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.

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