The U.S. Securities and Exchange Commission has delayed a decision on another high-profile spot Ethereum exchange-traded fund (ETF).

A Tuesday SEC filing shows that Wall Street’s top regulator has pushed back its decision on approving or denying the jointly proposed product from asset management giant Invesco and crypto company Galaxy Digital.

The two firms filed the application last September.

The investment vehicle, if approved, would allow investors to gain exposure to the second-biggest digital asset, ETH, without the need to buy and store it themselves.

In January, the regulator gave the green light to 10 Bitcoin ETFs now actively trading and have experienced significant inflows.

Analysts like British bank Standard Chartered now think that an ETH ETF will arrive by

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Author: Mathew Di Salvo

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