The U.S. Securities and Exchange Commission (SEC) has recently postponed the approval of multiple cryptocurrency spot ETFs several times, drawing widespread attention from the market. The latest news indicates that on April 29, the SEC once again delayed the approval of five crypto assets. Indeed, having so many virtual currency ETFs entering the market at once is not good news for the original players; if it can be vetoed, then it should be vetoed, after all, the market is only so big.