The SEC has postponed its decision on Cboe's application for the listing of options on Fidelity's Ethereum ETF until May 2, 2025, extending the review period by 60 days

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Cboe's application for the listing of options on the Ethereum ETF from Fidelity Investments. Under federal law, the SEC has up to 60 additional days after the initial 180-day period to make a final decision. This means that the decision on the listing of options on the FETH fund will not be made before May 2, 2025. Cboe filed the application on August 19, 2024, and the SEC published it for discussion on September 4, 2024.