The SEC’s delay of five crypto ETF proposals suggests more than just thoroughness—it hints at lingering caution toward altcoins. While Bitcoin and Ethereum ETFs are seen as "safer" bets, the hesitation around altcoin-backed funds reflects regulatory skepticism about their liquidity, volatility, and market maturity.
Among the pending proposals, a **spot Ethereum ETF** (like BlackRock’s) is the most likely to gain approval next. Why? Ethereum’s established ecosystem, PoS transition, and institutional interest position it as the clear runner-up to Bitcoin. The SEC’s scrutiny may prolong the wait, but ETH’s regulatory clarity gives it an edge.
For traders, patience is key. ETF delays mean short-term uncertainty but long-term validation. Stay informed, diversify, and watch for ETH’s breakout moment.
