SEC Delays Decision on 21Shares Spot Ethereum ETF Proposal
AI Summary
According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the 21Shares spot Ethereum ETF proposal. The delay affects the company's plans to introduce a new financial product tied to Ethereum, a leading cryptocurrency. This decision is part of the SEC's ongoing evaluation of cryptocurrency-related financial instruments, reflecting the regulatory body's cautious approach to the rapidly evolving digital asset market.$ETH