SEC Delays Decision On Franklin Templeton Ethereum ETF

SEC Delays Decision On Franklin Templeton Ethereum ETF


The SEC has again delayed on giving a decision on spot Ethereum ETF proposals from both Grayscale and Franklin Templeton.

The U.S. Securities and Exchange Commission has postponed its decision on a spot Ethereum exchange-traded fund (ETF) proposal submitted by New York-based investment firm Franklin Templeton.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of Franklin Templeton's spot Ethereum exchange-traded fund (ETF). The new extension for the SEC's determination is set for June 11, 2024.

The commission will have until June 11 to decide on the Cboe BZX Exchange listing and trading shares of the Franklin Ethereum Trust.

The U.S. SEC postponed the application to open an Ethereum ETF from Franklin Templeton.

The SEC is delaying making a decision on next steps for investment firm Franklin Templeton's spot Ethereum exchange-traded fund.

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