The US Securities and Exchange Commission (SEC) has delayed its decision on allowing Cboe BZX Exchange to list options related to Fidelity's Ether exchange-traded fund (ETF). The SEC now has until May 14 to approve or disapprove the request for options tied to the Fidelity Ethereum Fund (FETH), following a March 12 filing. Cboe BZX initially sought to list these options in January. The ability to list options on Ether funds is seen as crucial for attracting institutional investments in the cryptocurrency market. With approximately $780 million in net assets, Fidelity's FETH is one of the more notable Ether ETFs. Previously, the SEC delayed similar rule changes proposed by Nasdaq ISE and others in February, signaling a possible shift in regulatory attitudes toward cryptocurrency ETFs. The SEC is expected to rule on options for Fidelity's Ether fund later in May, following its upcoming decisions regarding BlackRock’s iShares Ethereum Trust, which commands $3.7 billion in net assets and remains the largest ETH ETF.

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