Published on September 27, 2023 19:54 GMT+00:00edited on September 27, 2023 20:01 GMT+00:00

The Securities and Exchange Commission said Wednesday that it would delay a decision on the proposed ARK 21Shares Ethereum ETF.

"The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein," it wrote in a filing.

A new decision deadline was set for Dec. 26.

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