😒 SEC Delays Decision on Franklin Templeton Ether ETF The U.S. SEC has deferred its decision on Franklin Templeton’s application for a spot Ether ETF until June 11. This extension allows the SEC an additional 45 days to evaluate the proposal to list and trade shares of the Franklin Ethereum Trust on the Cboe BZX Exchange. This delay follows the SEC’s earlier allowance in January for U.S. exchanges to list spot Bitcoin ETFs, a significant shift that has influenced how financial institutions approach cryptocurrencies. While the future of Ether ETFs remains uncertain, with potential classification as a security, Franklin Templeton previously gained approval for a spot BTC ETF. #ether #etf $ETH