March 4 (Reuters) - U.S. Securities and Exchange Commission (SEC) further delayed its decision on an application by asset manager BlackRock (BLK.N) , opens new tab for its spot ethereum exchange-traded fund, according to a regulatory filing on Monday.

BlackRock in November last year filed its application for its iShares Ethereum Trust, which will be listed on the Nasdaq if approved.

Ether is the second-biggest cryptocurrency by market capitalization.

The SEC in January delayed its decision on BlackRock's application after it gave the green light to several bitcoin ETFs.

A spot crypto ETF tracks the market price of the underlying digital asset, giving investors exposure to the token without having to buy the currency.

https://www.reuters.com/business/finance/us-sec-further-delays-decision-blackrocks-spot-ethereum-etf-2024-03-04/