The US Securities and Exchange Commission (SEC) has postponed its decision on Invesco and Galaxy's Ethereum ETF, saying it needs more time to gather additional information and review the legal and policy issues raised by the proposed rule change.
Invesco and Galaxy's Ethereum ETF filing was one of several that the SEC has postponed in recent times.
In addition, the regulator has also announced it will collect comments from the public on the listing of investment products.
Comments on Invesco and Galaxy's Ethereum ETF are due within the next 21 days, followed by a 35-day rebuttal period.
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A final decision will be made after review of these comments.