ChainCatcher news, according to Forbes, the latest applicant for Ethereum spot ETF Bitwise hopes that the US SEC will delay approval until December.

Bitwise Chief Investment Officer Matt Hougan believes that the asset management industry is too focused on Bitcoin products to provide the necessary attention for an Ethereum ETF to flourish.

It is understood that Bitwise’s spot BTC ETF currently ranks fifth in Cointucky Derby, with a total of over US$2 billion in assets under management.