CoinWorld news, the U.S. Securities and Exchange Commission (SEC) announced that it will postpone its decision on Grayscale's application to convert its Ethereum Trust into a spot ETF, pushing the final deadline to January 25, 2024. This is the SEC's second postponement of this decision, having previously delayed it to December 5. Grayscale is seeking to convert its Ethereum Trust into a spot ETF, similar to its successful conversion of its Bitcoin Trust into a spot ETF.