#HotTrends #ETF Ethereum ETF approval seems to be stalled.
It took many years for the final approval of bitcoin spot ETFs, now it is being dealt with in the United States specifically at the SEC, a petition for Ethereum spot funds to be tested, my very personal opinion is that it is not going to happen this year, at least in the United States, I do not rule out that they can be approved in other countries, but not in the US, my reasons are based on the sec delays in that regard plus an important news in that matter was that
US senators are pressuring the SEC to reject other cryptocurrency ETF proposals, which casts doubt on the chances of Ethereum ETF approval. This is a point that will slow down the approval of sec.