Analysis of the Prospects for Ethereum ETF Approval
Following the approval of the Bitcoin ETF, market attention has shifted to the Ethereum ETF. The SEC has delayed the applications of several institutions, concerned that Ethereum's PoS mechanism may be classified as a security. If approved, Ethereum could see a significant influx of funds, driving the development of the Layer 2 ecosystem. However, regulatory uncertainty has led some investors to turn to competing public chains like Solana. The industry is calling for a clear policy framework to promote a balance between innovation and compliance.