Big news about Ethereum! The government agency in charge of approving new investments, the SEC, is taking a little longer to decide if a new way to buy and sell parts of Ethereum will be allowed. This is like waiting for permission to open a special store that sells pieces of a valuable toy!
- The SEC is deciding about a new way to trade Ethereum, similar to buying stock in a company.
- They are reviewing an application from Cboe to allow trading options related to Ethereum.
- This means it'll take more time to know if the new trading method will be approved.
| Date | Event |
|---|---|
| August 19, 2024 | Cboe applied for approval. |
| March 3, 2025 | Initial deadline passed. |
| May 2, 2025 | New deadline for a final decision. |
| April 9, 2025 | Another similar application deadline. |
