Krutika Adani
Investors are anticipating SEC approval for Ethereum ETFs, which, once granted, could potentially trigger a rise in Ethereum's market value
The SEC's deliberation on these ETFs seems to be prolonged, possibly due to concerns regarding safeguarding investor interests and preventing market manipulation
A probable explanation for the delay could be that asset managers are yet to fully align with the SEC's prerequisites for approval
While the approval of Bitcoin ETFs signals a positive outlook for Ethereum ETFs, the SEC remains cautious in its approach.