SEC Puts Off Decision on Fidelity’s Ether ETF Options

The US Securities and Exchange Commission (SEC) is adopting a cautious stance on expanding crypto investment options, delaying key decisions on exchange-traded funds (ETFs) linked to Ethereum and Solana.

The agency has postponed its decision on whether Cboe BZX can list options on Fidelity’s Ether ETF, extending the deadline to May 14.

Meanwhile, asset manager Franklin Templeton has filed for a Solana ETF with Cboe BZX, proposing the fund stake its SOL holdings for additional rewards.

The SEC has extended its decision regarding the listing of options tied to Fidelity’s Ethereum ETF by Cboe BZX, according to a March 12 filing. The new deadline is set for May 14, allowing more time for proposal review.