The Securities and Exchange Commission is delaying its decision timeline on another spot ether exchange-traded fund, the VanEck Ethereum ETF. 

In a document filed on Wednesday, the agency said it would take until May 23, 2024 to make a decision on the ETF and asked the public for comments. 

"The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change, as modified by Amendment No. 1, and the issues raised therein," the SEC said. 

This comes a day after the SEC delayed making a decision on the Hashdex Nasdaq Ethereum ETF and the ARK 21Shares Ethereum ETF. 

Future of a spot Ethereum ETF looks iffy 

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