The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity’s Ether (ETH) exchange-traded fund (ETFs).
The agency has given itself until May 14 to approve or disapprove of Cboe BZX’s request to list options tied to Fidelity Ethereum Fund (FETH), according to a March 12 SEC filing.
Cboe BZX initially requested to list options on Fidelity’s Ether ETFs in January, the filing said.
Listing options on Ether funds is an important step in attracting institutional capital to the cryptocurrency.
Ether ETFs by net assets. Source: VettaFi
Related: SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerate
Flurry of filings
In February, the SEC <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-crypto-etf-filings-reviews-approvals-accelerate"