According to PANews, Bitwise has expressed its hope that the US Securities and Exchange Commission (SEC) will delay the approval of an Ethereum spot ETF until December. Matt Hougan, Bitwise's Chief Information Officer, believes that the asset management industry is too focused on Bitcoin products, making it difficult to provide the necessary attention for the thriving development of an Ethereum spot ETF. As previously reported, Bitwise submitted an application for an Ethereum spot ETF to the SEC last Thursday. Bloomberg ETF analysts estimate that the probability of the Ethereum spot ETF being approved in May is around 30%.