SEC Delays Grayscale Ethereum ETF Decision, Uncertainty Looms for Spot Products

The U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the inclusion of a staking feature in Grayscale’s proposed spot Ethereum ETF. This delay arises from ongoing deliberations and evaluations concerning the updated investment product. The SEC’s decision holds significant implications for the cryptocurrency ETF landscape, impacting broader market participation and functionality.