Decentralized prediction market platform Polymarket users now give a 15% chance that Ethereum (ETH) will hit a new all-time high (ATH) by the end of 2024, down from 29% a week ago. This shift in market sentiment follows the U.S. Securities and Exchange Commission's (SEC) decision to delay its approval for BlackRock's physically backed Ether ETF. The SEC's delay is seen as a setback for the broader cryptocurrency market, as it adds uncertainty to the regulatory landscape for digital assets. However, some analysts believe that the SEC's move may ultimately benefit the industry in the long run by providing greater clarity and legitimacy.