The action of #SEC推迟多个现货ETF审批 reflects the regulatory authorities' prudent attitude towards crypto assets, especially in the absence of a clear regulatory framework, which tends to prefer delaying decisions to avoid potential risks. Although the approval of a Bitcoin spot ETF earlier this year was seen as a breakthrough, this delay shows that the SEC's acceptance of different crypto assets remains inconsistent.

This uncertainty puts pressure on market sentiment and makes it difficult for investors to make long-term arrangements. However, in the long run, although the delay is disappointing, it may also represent the SEC's active research and refinement of relevant regulatory details. Once the system is sound, it will bring a stronger foundation of trust and financial support to the overall crypto industry. The market needs to be patient and wait for the true clarification of regulations to arrive.