The U.S. Securities and Exchange Commission (SEC) recently announced that it has once again postponed its decision regarding the conversion of the Grayscale Ethereum Trust (ETHE) to a spot Ethereum ETF. The SEC's decision has been postponed until May 30, which has extended the waiting time for market participants to eagerly await the approval of the Ethereum ETF. Market watchers and industry experts are closely monitoring these regulatory updates, particularly regarding the spot Ethereum ETF. Bitwise CIO Matt Hougan noted on Twitter that the timing of the spot launch of the Ethereum ETF could affect its asset accumulation. He said the December launch is likely to attract more assets than the May launch because of traditional finance
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The U.S. Securities and Exchange Commission (SEC) recently announced that it has once again postponed its decision regarding the conversion of the Grayscale Ethereum Trust (ETHE) to a spot Ethereum ETF. The SEC's decision has been postponed until May 30, which has extended the waiting time for market participants to eagerly await the approval of the Ethereum ETF. Market watchers and industry experts are closely monitoring these regulatory updates, particularly regarding the spot Ethereum ETF. Bitwise CIO Matt Hougan noted on Twitter that the timing of the spot launch of the Ethereum ETF could affect its asset accumulation. He said the December launch is likely to attract more assets than the May launch because of traditional finance