The Securities and Exchange Commission is again delaying making a decision on whether to approve of the proposed Grayscale Ethereum Futures Trust exchange-traded fund (ETF), according to a recent filing.

In a document filed late on Friday, the SEC said it would take until May 30, 2024, to decide whether to approve of Grayscale's ether futures ETF. 

"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 and the issues raised therein," the agency said in the filing.

Bloomberg ETF analyst James Seyffart said the delay was expected, in a post on X. 

Seyffart has previously said that Grayscale is playing chess, …