tl;dr
The US Securities and Exchange Commission (SEC) has postponed its decision on listing and trading options on the iShares Ethereum Trust managed by BlackRock. The original deadline of September 26 has been moved to November 10, 2024, allowing more time for review. This delay comes after the SEC's rec...
The US Securities and Exchange Commission (SEC) has delayed its decision on listing and trading options on the iShares Ethereum Trust managed by BlackRock to November 10, 2024, providing additional time for review. The delay follows the SEC's approval of options for BlackRock's Bitcoin ETF. Concurrently, the spot Ethereum ETF market has encountered significant outflows, with a $79 million outflow - the highest since its launch in July. If the proposed BlackRock Ethereum ETF options are approved, there is potential for renewed interest in Ethereum-related products. This postponement could signal new opportunities in the options market tied to Ethereum. Despite the delay, the SEC's decision could reignite investor interest in Ethereum-related products.
More about General Dynamics Corporation
General Dynamics Corporation Summary General Dynamics Corporation
General Dynamics Corporation (GD) is an American aerospace and defense corporation. It is headquartered in Reston, Fairfax County, Virginia.
Industry Sector
Manufacturing, Ship & Boat Building & Repairing
Key Financial Data
Market Cap: $84.65 billion
Current Price: $24.01
Dividend Yield: 5.48%
Price to Earnings Ratio (P/E): 12.83
52-Week High: $164.48
52-Week Low: $78.90
Revenue: $44.946 billion
Net Income: $3.23 billion
Earnings Per Share (EPS): $2.07
Dividend Per Share: $0.18
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