The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.
The United States Securities and Exchange Commission postponed its decision on Hashdex and ARK 21Shares proposed spot Ether (ETH) exchange-traded funds (ETFs).
The SEC’s Tuesday, March 19, decision to delay came a few days before the agency’s “third deadline” — both Ether ETF applications will face a final decision in late May.
May 24 is the SEC’s final decision for ARK 21Shares, while Hashdex’s application will face the regulator’s ultimatum on or before May 30.
