SEC Delays Decision on Grayscale’s Spot ETH ETF, Market Anticipation Grows

The U.S. Securities and Exchange Commission (SEC) has extended its review period for Grayscale’s proposed spot Ethereum exchange-traded fund, adding further complexity to the regulatory landscape of cryptocurrencies. This decision underscores the SEC’s commitment to thorough scrutiny, particularly given the ETF’s unique integration of staking mechanisms, a feature not commonly seen in traditional finance.