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News

SEC Postpones Fidelity ETH ETF Decision Until 2025

2 mins mins

Key Points:

  • SEC delays decision on Fidelity’s Ether ETF options.
  • Approval pushed to May 2025.
  • Eth price affected, trading at $1,888.

sec-postpones-fidelity-eth-etf-decision-until-2025
SEC Postpones Fidelity ETH ETF Decision Until 2025
Gary Gensler’s SEC has postponed its decision on Fidelity’s Ethereum spot ETF, delaying any approval until May 14, 2025. The delay by the SEC impacts market expectations for crypto-based ETFs, highlighting regulatory caution and industry frustration.

SEC Defers Decision on Ethereum ETF Approval

The SEC has extended its review period on Fidelity’s Ethereum spot ETF to May 2025. This decision aligns with previous delays in similar cases. Fidelity’s application, initially submitted for review, remains pending as the SEC assesses regulatory compliance.

The implications of this delay affect market confidence and investor expectations. Market players are closely watching the SEC’s actions, awaiting any potential regulatory changes.

Ethereum (ETH) is currently trading at $1,888.78, down 1.00% in the last 24 hours, according to data provided by TradingView as of March 13, 2025. Investors and industry leaders voice disappointment.

Abigail Johnson, CEO of Fidelity, expressed commitment to continued collaboration with regulators, emphasizing the long-term potential of Ethereum.

“While we’re disappointed by the delay, we remain committed to bringing innovative crypto products to market. We believe in the long-term potential of Ethereum and will continue to work with regulators to address any concerns.” — Abigail Johnson, CEO, Fidelity Investments

Ethereum Trades at $1,888 Amid Regulatory Delays

1D chart of ETH/USDT pair, screenshot on TradingView at 10:08 AM (UTC) on March 13, 2025.
1D chart of ETH/USDT pair, screenshot on TradingView at 10:08 AM (UTC) on March 13, 2025.

Over this 24-hour period, Ethereum’s price ranged between a high of $1,916.84 and a low of $1,854.01. The trading volume for Ethereum reached approximately 502.55K ETH.

Seeking expert insights, Abigail Johnson affirms Fidelity’s commitment to bringing innovative products to the market. Experts believe regulatory delays could impact investor confidence, though they remain positive about Ethereum’s long-term outlook.

Gary Gensler emphasizes a vigilant review process to ensure investor protection and adherence to SEC standards.

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Avatar of John Kojo Kumi

John Kojo Kumi

13 March 2025, 11:30:46 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

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