SEC Postpones Decision on Spot Ethereum ETF Options: What It Means for Ether Investors

On October 12, COINOTAG reported a significant delay in the U.S. Securities and Exchange Commission’s (SEC) decision regarding spot Ethereum ETF options. The SEC’s disclosure indicated that the ruling on a proposed rule change to permit the Cboe exchange to list options for multiple prevalent spot ETFs based on Ethereum has been pushed back from the initial date of October 19 to December 3. This postponement raises questions about the timeline for crypto asset regulatory approvals in the U.S. Additionally, industry analysts, including Bloomberg’s James Seyffart, suggest that developments surrounding the BTC ETF options may gain traction, with a potential launch anticipated in the first quarter of 2025. This timeline highlights the cautious approach regulators are taking regarding cryptocurrency investment products.