Ethereum ETF Decision Delayed The long-awaited decision on whether to approve a spot Ethereum ETF has been delayed once again. The Securities and Exchange Commission (SEC) has pushed back their decision date to at least October 2021, leaving investors and crypto enthusiasts on edge. The proposed ETF, filed by VanEck, would allow investors to gain exposure to Ethereum without actually owning the cryptocurrency. This would be the first ETF of its kind, and many believe it could pave the way for more crypto-based ETFs in the future. SEC Chairman Advises to “Stay Tuned” During an interview at the Aspen Security Forum, SEC Chairman Gary Gensler was asked about the status of the spot Ethereum ETF decision. Gensler responded by saying, “I don’t have any updates on timing. Stay tuned.” This vague response has only added to the speculation and uncertainty surrounding the ETF decision. Crypto Community Reacts with Mixed Emotions The delay in the Ethereum ETF decision has caused a ...
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