{"id":11258,"date":"2024-02-07T15:02:19","date_gmt":"2024-02-07T15:02:19","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=11258"},"modified":"2024-02-07T15:02:37","modified_gmt":"2024-02-07T15:02:37","slug":"long-awaited-decision-on-ethereum-etf-arrives","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/long-awaited-decision-on-ethereum-etf-arrives\/","title":{"rendered":"Long-Awaited Decision on Ethereum ETF Arrives!"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:140\">The U.S. Securities and Exchange Commission (<a href=\"https:\/\/coinengineer.net\/blog\/sec-vs-ripple-the-saga-continues\/\" target=\"_blank\" rel=\"noopener\">SEC<\/a>) has delayed its decision on the spot Ethereum ETF application filed by Invesco and Galaxy.<\/p>\n<p data-sourcepos=\"5:1-5:212\">In a statement released on February 6th, the SEC announced that the decision on the spot Ethereum exchange-traded fund (ETF) application submitted jointly by Invesco and Galaxy has been postponed to a later date.<\/p>\n<p data-sourcepos=\"7:1-7:228\">The SEC has delayed the decision on the spot Ethereum ETF application filed by Invesco and Galaxy, stating that the file needs further review. This decision is consistent with the SEC&#8217;s previous approach of postponing decisions.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SEC just delayed <a href=\"https:\/\/twitter.com\/InvescoUS?ref_src=twsrc%5Etfw\">@InvescoUS<\/a> &amp; <a href=\"https:\/\/twitter.com\/galaxyhq?ref_src=twsrc%5Etfw\">@galaxyhq<\/a>&#39;s <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> ETF. 100% expected and more delays will continue to happen in coming months. <\/p>\n<p>The only date that matters for spot <a href=\"https:\/\/twitter.com\/hashtag\/ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#ethereum<\/a> ETFs at this time is May 23rd. Which is <a href=\"https:\/\/twitter.com\/vaneck_us?ref_src=twsrc%5Etfw\">@vaneck_us<\/a>&#39;s final deadline date <a href=\"https:\/\/t.co\/gkVZL2QuPK\">pic.twitter.com\/gkVZL2QuPK<\/a><\/p>\n<p>&mdash; James Seyffart (@JSeyff) <a href=\"https:\/\/twitter.com\/JSeyff\/status\/1754941423411949596?ref_src=twsrc%5Etfw\">February 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p data-sourcepos=\"9:1-9:204\">The U.S. Securities and Exchange Commission has announced that comments on the Ethereum ETF application filed by Invesco and Galaxy must be submitted within 21 days, followed by a 35-day objection period.<\/p>\n<hr \/>\n<div>\n<div>\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a> for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the spot Ethereum ETF application filed by Invesco and Galaxy. In a statement released on February 6th, the SEC announced that the decision on the spot Ethereum exchange-traded fund (ETF) application submitted jointly by Invesco and Galaxy has been postponed to a later<\/p>\n","protected":false},"author":1,"featured_media":11259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[1000,4196,2939],"class_list":["post-11258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-ethereum-etf","tag-invesco-and-galaxy","tag-the-u-s-securities-and-exchange-commission"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Long-Awaited Decision on Ethereum ETF Arrives! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the spot Ethereum ETF application filed by Invesco and Galaxy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/long-awaited-decision-on-ethereum-etf-arrives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Long-Awaited Decision on Ethereum ETF Arrives! 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