SEC Initiates Proceedings Over Invesco Galaxy Spot Ether ETF, Extending Deadline

THE WE. Securities And Exchange Commission approved place Bitcoin exchange traded funds For THE First of all time on Jan. 10.

THE United States Securities And Exchange Commission has delayed It is decision on if has approve Or to disapprove of A place Ether (ETH) exchange traded funds, Or ETFs, propose by Invesco And Galaxy Digital.

In A Feb. 6 notice, THE SECOND said he would be institute procedure has determine if has approve Or to disapprove of A propose ruler change that would be allow THE Cboe BZX Exchange has list And trade actions of THE Invesco Galaxy Ethereum ETFs. Opening THE propose investment vehicle has public comment will push THE deadline For A decision by A additional 35 days on publication In THE Federal Register.

THE SECOND can delay THE Invesco Galaxy place Ether ETFs For up has 240 days Before reach A final decision. THE active director deposit with THE commission In October 2023 — with publication In THE Federal Register In November — giving THE SECOND until July 2024 has approve Or refuse THE investment vehicle.

SECOND just delayed @InvescoUS & @galaxyhq #Ethereum ETFs. 100% expected And more delays will continue has arrive In future month.

THE only date that imported For place #Ethereum AND F has This time East Can 23. Which East @vanec...