TechFlow news: The SEC has postponed its decision on BlackRock and Fidelity's spot Ethereum ETFs. This is the second delay following the initial postponement in January, with the SEC allowed up to three delays in total.
The market widely expects the SEC to make a final decision in May. Ethereum's price has recently risen due to market expectations, but this latest SEC delay has not impacted the price.
However, some analysts believe that compared to Bitcoin ETFs, spot Ethereum ETFs will be smaller in scale.
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