SEC wants to postpone ETH spot ETF to December?
According to Bitwise Chief Investment Officer Matt Hougan, the SEC (U.S. Securities and Exchange Commission) is considering delaying the approval of the highly anticipated Ethereum ETF.
This development comes after Bitwise Asset Management plans to list a spot Ethereum ETF.
Bitwise launched a spot BTC ETF - BITB on January 11. Since then, the ETF has been on a meteoric rise, amassing over $2 billion in assets and ranking fifth in the so-called “Cointucky Derby.”
Hougan shared insights into the explosive growth of BITB and other spot ETFs, highlighting their unprecedented growth compared to historical ETF issuances.
Hougan emphasized: “These (spot BTC ETFs) are the fastest growing ETFs in history, and the growth rate is a lot faster.”
I believe that the fastest growing ETFs before this The ETF is QQQM, and it went from zero to $5 billion in one year. These spot BTC ETFs have netted more than $10 billion in less than two months.
Despite the success of the BTC ETF, Hougan warned that the approval of the Ethereum ETF may be delayed.
This stems from regulatory caution due to growing interest in Crypto asset investments and complex market dynamics.
But Gougan also expressed confidence that the Ethereum ETF will eventually be launched. However, he predicted that delaying it to later this year could benefit the market by giving traditional finance more time to understand and accept crypto assets.
Hougan explained: “We believe this is the natural path that crypto asset investors have been following for 15 years. They started with BTC and have always wanted to get exposed to other things.”
“I think Ethereum will be very attractive. And the Ethereum ETF launching in December will be more successful than launching in May. I know it sounds silly, but I think traditional finance is still Digest BTC, and if you give them time to get used to BTC and Crypto assets, they'll be ready for the next thing."
Following the huge success of the BTC ETF, this strategic patience may It will pave the way for institutional and retail investors to enter the Ethereum market more robustly and wisely.
Hougan’s insights reveal a significant shift in perceptions of the Crypto asset, from skepticism to recognition of its potential for substantial investment returns.
As the SEC weighs its decision, the cryptoasset community remains on edge, hoping for a green light that will further legalize and promote investment in Ethereum and beyond.
The above is the detailed content of SEC wants to postpone ETH spot ETF to December?. For more information, please follow other related articles on the PHP Chinese website!

This token, inspired by the ex-president, stirs curiosity and trepidation in equal measure. What lies on the horizon is the release of 40 million TRUMP tokens into the market

With Shiba Inu (SHIB) still riding meme momentum and Cardano (ADA) focused on slow, steady development. According to recent analysis

The XRP Ripple coin buying and selling process includes: 1. Select trading platforms, such as Binance, Gate.io, OKX, Kraken; 2. Registration and certification, KYC verification and security settings must be completed; 3. Deposits and transactions, support fiat currency deposits and cryptocurrency exchange, the order types include market orders and limit orders, and the address and Memo tags must be entered for withdrawal; 4. Notes include handling fee differences, regulatory restrictions and recommended hardware storage.

In 2025, EOS could reach a maximum price of $1.22 and an average price of $1.02.

Whether cryptocurrencies are worth continuing to invest depends on investors' risk tolerance and experience: 1) Increased market trends and recognition, 2) Development and application expansion of technology, 3) The regulatory environment is gradually becoming clear, but attention should be paid to: 1) The price fluctuates greatly, 2) The regulatory policy is uncertain, 3) High security risks, 4) Risks of technology iteration. Investors need to carefully evaluate these factors.

Economist and gold advocate Peter Schiff issued a dire warning on April 18 during an interview on the Schwab Network, cautioning that U.S. economic policies are setting the stage for a catastrophic downturn.

Following an extensive price correction in the past three months, the Bitcoin bull market continues to hang in the balance. Despite a modest price rebound in April

Bitcoin investment success stories are as follows: 1. Li Xiaolai bought 100,000 bitcoins early, and then sold part for $13.5 billion; 2. Guo Hongcai used Bitcoin to buy luxury houses; 3. Jed McCaleb founded Mt.Gox and Ripple Networks, accumulating US$2.9 billion; 4. Matthew Roszak invested in a Bitcoin startup with a net worth of US$3.1 billion; 5. Tim Draper purchased the "Silk Road" Bitcoin, with an accurate forecast price; 6. Bhutan held 12,568 bitcoins through mining, worth US$1 billion; 7. Anonymous Silicon Valley engineer purchased 20,000 bitcoins in 2010, and later sold it and traveled the world.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

PhpStorm Mac version
The latest (2018.2.1) professional PHP integrated development tool

VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft