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US SEC delays decision on listing Grayscale Ethereum Futures Trust ETF

Published 12/18/2023, 12:54 PM
Updated 12/18/2023, 04:32 PM
© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo
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(Reuters) - The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the listing of the Grayscale Ethereum Futures Trust ETF, according to a regulatory filing on Monday.

Grayscale joins a list of firms whose petitions have either been delayed or denied by the top U.S. markets regulator.

© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

Last week, the SEC denied a petition by Coinbase (NASDAQ:COIN) Global, seeking new rules from the agency for the digital asset sector. Coinbase later said it had filed a petition for review of the decision in court.

The SEC also delayed crypto asset management firm Hashdex's Ethereum ETF on Monday, a separate filing showed.

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