[Golden Finance News] The U.S. Securities and Exchange Commission (SEC) has approved eight Ethereum ETFs, including BlackRock and Fidelity, but it may take weeks or months for these ETFs to be officially traded. Many industry analysts believe that this delay may be conducive to the rise in Ethereum prices. Simon Peters, an analyst at eToro, said that now is a good time for savvy cryptocurrency investors to buy Ethereum in order to profit when the ETF is officially traded and billions of dollars of funds potentially flow in. GSR Research analyst Brian Rudick also believes that the delay in the launch of the ETF is good news because it gives the market time to build up expectations, which will help increase the inflow of funds in the early stage of the ETF's launch, thereby driving up ETH prices.