The U.S. Securities and Exchange Commission (SEC) has delayed its decision regarding BlackRock's proposal to list and trade options on its spot Ethereum exchange-traded fund (ETF).
The new deadline for the SEC's ruling is now set for April 9, 2025, marking a significant deferral in market anticipation.
This decision is pivotal, as it influences the potential introduction of Ethereum ETFs within the regulated investment landscape.
The delay indicates ongoing scrutiny and regulatory assessment by the SEC towards cryptocurrency-related financial products.