The delay in the approval of exchange-traded funds for Altcoins has shocked both investors and analysts alike. The decision by the U.S. Securities and Exchange Commission (SEC) not to greenlight them yet means that the market will remain under pressure of anticipation and volatility for a longer period. This delay has weakened risk appetite in the market, as clearly seen in the ETH/USD pair, where Ethereum has declined against the dollar due to the diminished expectations of significant institutional funds entering soon.

Many had hoped that the approval would be a step towards market maturity and rising prices, but the delay increases the regulatory uncertainty that hinders broader adoption of digital currencies.

Watch the markets, as regulatory decisions have become a key driver of cryptocurrency movements.