WITH ALL EYES ON BITCOIN ETF DECISION, SEC KICKS ETHER CAN DOWN THE ROAD

Summary from the TLDR Crypto newsletter

The SEC has deferred its decisions on several proposed ether-focused ETFs, including those by Hashdex, Ark Invest, Grayscale, and VanEck. The agency stated it needs more time for a ruling and welcomes public comments on the proposals. The SEC previously delayed a decision on the Invesco Galaxy Ethereum ETF, but it anticipates a ruling, or an additional delay, by February 6. Decisions on proposed spot bitcoin ETFs by Ark Invest and 21Shares are expected by January 10.