On November 9th, COINOTAG News reported that the U.S. SEC has deferred its ruling on the approval of the Ethereum spot ETF, citing the need for more thorough analysis and public feedback. This pause aims to evaluate whether the proposed regulatory adjustments align with the Securities Exchange Act. The SEC has raised critical considerations regarding the implications of the ETF for market integrity, focusing on its capacity to deter potential market manipulation, safeguard investor interests, and uphold a transparent trading environment.
Source: https://en.coinotag.com/breakingnews/sec-delays-ethereum-spot-etf-decision-key-concerns-over-market-manipulation-and-investor-protection/