U.S. SEC postpones decision on Fidelity Ethereum spot ETF application and starts comment period

The U.S. SEC has delayed a decision on Fidelity’s Ethereum spot ETF application and launched a comment period on its application. Bloomberg analyst James Seyffart said delays are expected to continue in the coming weeks, with May 23 being a date to watch. By then, the SEC should have made a final decision on these filings. But there are other signs that may indicate how the SEC will view these filings in the next month or so. (CoinDesk) Previously, on March 5, public documents showed that the U.S. SEC postponed its decision on BlackRock’s spot Ethereum ETF.