$97,184.00
3.66%$3,399.93
5.65%$2.24
5.35%$668.13
3.69%$187.10
1.99%$0.323505
12.51%$0.998537
-0.11%$3,393.40
5.98%$0.918619
12.07%$0.246389
4.45%$39.02
9.79%$22.89
9.24%$4,048.82
5.81%$4.64
24.29%$5.34
5.73%$0.00002223
12.92%$96,765.00
3.39%$33.39
30.15%$0.362639
7.51%$7.18
11.85%$0.258643
3.38%$3,402.38
5.44%$454.27
11.50%$9.28
1.50%$13.39
14.26%$100.62
9.01%$0.0000179
17.20%$3,588.10
5.91%$5.20
8.39%$0.998758
0.14%$4.13
3.95%$10.17
-2.27%$0.997321
-0.24%$10.42
10.46%$310.85
9.11%$0.161829
7.61%$0.483224
9.52%$1.19
10.36%$26.54
6.33%$7.35
13.18%$0.0465763
12.53%$3.88
8.34%$192.19
9.38%$24.39
0.11%$472.54
11.56%$1.31
9.34%$1.12
20.51%$0.773271
9.13%$0.122098
5.23%$5.04
9.28%$1.032
15.21%$0.340409
10.67%$45.04
3.65%$2.65
21.13%$6.74
8.90%$1.73
6.15%$1.76
9.85%$1.83
8.32%$0.00003167
20.21%$1.41
7.86%$5.15
11.04%$0.99181
28.53%$2.19
18.56%$21.43
9.73%$3,404.77
6.22%$0.213819
10.31%$2.04
13.73%$97,015.00
3.35%$0.02986156
19.51%$0.440196
11.78%$2.27
10.80%$5.16
7.15%$3,500.05
5.77%$0.995879
0.34%$3,806.99
5.36%$0.00017218
11.35%$113.29
11.38%$0.03408376
11.40%$13.11
8.34%$3,571.92
5.92%$1.73
14.12%$0.0365972
15.68%$18.91
11.10%$0.02734592
6.53%$96,876.00
3.53%$1,666.70
5.08%$0.02771694
18.42%$3.32
-0.16%$0.998547
0.12%$0.575284
14.80%$0.374748
9.38%$1.35
6.92%$11.22
7.48%$1.31
15.03%$0.22507
6.62%$0.132125
12.87%$97,030.00
3.98%$4.45
10.48%$3,501.32
5.69%$0.821971
10.55%$6.88
8.99%$191.73
2.21%$36.16
8.50%$1.62
14.98%$0.850583
8.03%$0.076507
14.66%$0.718414
9.28%$0.491232
7.33%$16.54
6.18%$54.40
8.69%$0.299352
8.98%$1.50
9.09%$0.941352
12.89%$0.00000109
8.28%$234.00
2.14%$0.825989
13.59%$1.11
8.71%$14.40
7.99%$6.38
15.08%$35.17
11.87%$0.484402
9.71%$0.486057
10.00%$96,120.00
2.59%$96,676.00
3.70%$5.22
16.98%$3,396.03
5.98%$1.18
10.23%$54.08
22.69%$0.83102
-26.92%$3.87
4.00%$0.00000209
-1.07%$3.00
8.35%$0.086857
10.63%$3.23
9.64%$3,394.12
5.51%$0.698984
11.15%$0.16251
8.71%$0.27459
8.96%$0.765976
12.28%$0.997213
0.14%$0.622781
10.43%$200.95
2.97%$0.781672
36.80%$82.23
11.97%$3,396.75
5.83%$1.92
7.84%$1.57
18.54%$2.38
6.08%$2.07
4.86%$0.00003547
8.83%$264.51
9.98%$21.26
8.50%$0.00672279
14.68%$1.49
9.30%$96,681.00
4.13%$0.18163
9.84%$0.323661
12.72%$0.753864
11.20%$0.00786288
6.84%$0.00645097
8.61%$0.658817
13.75%$0.652687
9.18%$2,624.71
0.71%$0.994856
0.13%$5.73
11.71%$3,573.03
5.63%$0.00011214
14.62%$0.00
23.28%$0.01135616
15.53%$3,683.75
5.47%$2.43
13.05%$0.00850395
15.76%$1.26
-7.44%$18.98
15.72%$1.11
16.81%$0.00640016
15.25%$3,403.07
5.62%$26.84
9.95%$0.083717
8.39%$10.96
10.46%$0.268315
8.71%$0.394806
10.28%$1.30
19.45%$0.077301
0.31%$1.02
-0.09%$0.998373
-0.11%$97,591.00
3.83%$1.27
14.75%$2,624.51
1.11%$9.09
-10.98%$0.00000052
4.08%$0.509419
24.37%$96,135.00
3.96%$13.98
19.93%$0.05241
25.92%$0.01104559
13.76%$1.50
6.00%$31.46
16.13%$3,327.44
2.69%$0.999842
0.09%$3,405.57
5.93%$4.83
7.51%$0.439729
12.17%$0.00625808
19.79%$0.061002
8.96%$0.293509
63.00%$37.38
10.23%$97,290.00
3.88%$3,656.05
5.74%$0.065397
9.20%$0.00568664
17.92%$3,538.47
5.06%$1.051
-1.15%$0.0063242
10.52%$0.00245179
11.66%$2.07
10.76%$0.00100052
12.72%$0.02152705
12.04%$3.18
8.82%$26.04
45.77%$0.071691
3.80%$5.21
4.86%$0.00000325
10.24%$0.996978
1.00%$0.225402
12.45%$1.069
-1.02%$0.469271
9.38%$88.22
2.83%$0.21032
8.17%$0.999357
0.04%$2.47
7.43%$3,756.46
5.22%$0.03796398
6.74%$0.00000018
8.53%$0.671689
11.64%$0.894556
6.81%$3.43
12.16%$0.364887
58.53%$0.999518
0.09%$0.139537
5.50%$2.90
1.84%$45.84
9.38%$0.03603633
11.09%$3,408.51
5.77%$0.736868
17.15%$0.359597
8.16%$0.01066212
11.52%$0.354952
8.60%
The U.S. Securities and Exchange Commission postponed a decision on whether to approve Grayscale Ethereum Futures Trust's Ethereum ETF application, the agency said in a document filed on Friday. Its new deadline is May 30.
The Securities Exchange Act of 1934 gives the agency has 180 days or six months from when notice of the proposed rule change is published. The Grayscale application was first filed in September, and the agency deferred making a decision in November.
“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC said, echoing previous announcements.
There's the delay order for @Grayscale's Ethereum Futures ETF Filing -- as expected. pic.twitter.com/gT3x8iw3Ml
— James Seyffart (@JSeyff) March 22, 2024
Bitcoin and Ethereum ETFs are a type of investment fund that tracks the price of digital assets and is traded on traditional stock exchanges, providing investors a taste of crypto without requiring them to hold tokens directly. A futures EFT focuses on the future price of the asset, versus a spot ETF that tracks the current price in real time.
In January after approving 11 Bitcoin ETFs, the SEC delayed its decisionmaking on spot Ethereum ETF application from Grayscale and BlackRock. The next month, the SEC delayed its decision on a joint spot Ethereum ETF application from investing firms Invesco and Galaxy Digital.
While the SEC’s decision on Grayscale's Ethereum futures ETF may disappoint cryptocurrency investors and enthusiasts, some say the agency's delay is a good thing, allowing for greater adoption of Bitcoin ETFs.
“Spot Ethereum ETFs will gather more assets if they launch in December versus if they launch in May,” Bitwise Chief Information Officer Matt Hougan said on Twitter. on Tuesday “TradFi needs more time to digest the Bitcoin ETFs.”
The most controversial thing I said on stage at @blockworksDAS today:
Spot Ethereum ETFs will gather more assets if they launch in December vs. if they launch in May. TradFi needs more time to digest the bitcoin ETFs.
— Matt Hougan (@Matt_Hougan) March 19, 2024
The SEC's postponing its Ethereum ETF decision adds to negative pressure pushing the price of Ethereum down. On Friday, Ethereum was down 10.4% for the week and is currently trading at $3,289, according to Coingecko.
Edited by Ryan Ozawa.
