📉 SEC Postpones Ethereum $ETH ETF Decision: Market Impact

📉 SEC delays decision on Grayscale Ethereum Futures Trust's Ethereum ETF application to May 30

🕒 Securities Exchange Act of 1934 gives SEC 180 days to decide on proposed rule changes

🛑 SEC postponed decision to adequately consider the proposed rule change

💼 Bitcoin and Ethereum ETFs track digital asset prices on traditional exchanges

🔮 Futures ETF focuses on future price, while spot ETF tracks current price

📅 SEC delayed spot Ethereum ETF decisions in January and February

💬 Some view SEC's delay as positive, allowing more time for Bitcoin ETF adoption

💰 Bitwise CIO suggests spot Ethereum ETFs would benefit from launching later

💼 SEC's postponement adds negative pressure on Ethereum price, down 10.4% for the week #Ethereum✅ #ETFs✅ #MK_Crypto #SEC诉讼