*about the Approval of BlackRock's Spot Ethereum ETF*$BTC $ETH $XRP

According to Odaily, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of BlackRock's spot Ethereum ETF, which involves a method of physical redemption. This delay adds to the ongoing uncertainty surrounding the approval of cryptocurrency-based exchange-traded funds in the United States. The SEC's decision is closely followed by investors and industry stakeholders, as it could have a significant impact on the cryptocurrency market and its regulatory landscape.