SEC Holds Off on Ethereum ETF Options Decision

The SEC has postponed its decision to approve the negotiation options for the Stock Exchange Stock Exchange (ETF).

The regulator extended its 60 -day exam period, establishing on April 9 as a new deadline.

Sec delays the approval of ETF ETF options for the third time

On February 7, the SEC announced another delay in determining if ETFE ETHEREUM can exchange options.

This marks the third extension after previous reports in September and November 2024. The agency said it needed more time to assess the potential impact on the market and collect the comments of the public, opening a window of 21 days for comments.

“The Commission extends the period to approve or disapproval of the change of rule proposed for an additional 60 days. The Commission considers appropriate to designate a longer period in which making an order approving or disapprove of the change of rule proposed so that it has enough time to consider the proposed change of rule and the questions raised there, “said the DRY.

The delay affects the applications of several large companies, including Bitwise, Grayscale, Ethereum Mini Trust and Blackrock. The SEC pointed out that the extension allows a more complete exam before making a final decision.

This decision follows the previous request of the public commentary regulator on a proposal from CBOE BZX Exchange Inc., which was submitted on behalf of Fidelity. The proposal seeks to list and exchange options related to the Fidelity ETF spot.

Optional contracts provide merchants with the law, but not the obligation – to buy or sell an asset at a specific price within a defined time. These financial instruments play a crucial role in risk management and speculation on prices.

Analysts believe that the introduction of ETF ETF options could accelerate institutional adoption and improve market efficiency. In particular, a similar regulatory framework already applies to Bitcoin ETF and assets supported by basic products such as gold.

Meanwhile, Bloomberg ETF analyst Eric Balchunas suggested that if the approval seems likely, the delay can be linked to the leading leadership changes to the dry.

“SEC POLTING on Spot ETF ETF Options. I would not read too much, I cannot imagine that they are not ultimately approved, probably waiting for Atkins to be confirmed before moving on to things, “said Balchunas.

Former Commissioner Paul Atkins, appointed by Donald Trump to replace Gary Gensler, awaits confirmation from the Senate. His appointment is widely considered as a potential change towards a more user -friendly regulatory approach to crypto.

Despite continuous uncertainty, the demand for FNB Ethereum has increased. Soso Value data indicates that these funds have experienced five consecutive days of net entries, pushing total investments beyond $ 3 billion since their introduction.