![SEC Delays Evaluation Period for Grayscale’s Ethereum Spot ETF Rule Modification](https://coinobserver.net/wp-content/uploads/2023/12/grayscale_eth_etf.jpg)
SEC Delays Evaluation Period for Grayscale’s Ethereum Spot ETF Rule Modification
In a recent announcement, the U.S. Securities and Exchange Commission (SEC) has extended the deadline for the evaluation of a proposed rule change by Grayscale. This modification pertains to the conversion of Grayscale’s Ethereum trust into an Ethereum spot exchange-traded fund (ETF). According to a report by Decrypt, the SEC anticipates requiring more than the…