🚨Spot Ethereum ETFs face uncertain future in the US🤔 SEC's approval by May deadline in doubt, says Variant Fund's Chief Legal Officer Jake Chervinsky. Factors include complex legal & policy environment in Washington, D.C.🏛️ SEC Chair Gary Gensler emphasizes Bitcoin's unique status compared to other cryptocurrencies.📈 Major financial firms like BlackRock, Fidelity & Franklin Templeton have submitted applications. Opinions on approval timeline & Ether ETFs' significance vary within the industry.💬 What do you think? Will Ether ETFs be approved soon? Share your thoughts below!👇