#AltcoinETFsPostponed

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The delay in approval for exchange-traded funds for altcoins has shocked both investors and analysts alike. The U.S. Securities and Exchange Commission's (SEC) decision not to give the green light yet means that the market will remain under pressure of anticipation and volatility for a longer period. This delay has weakened the risk appetite in the market, which was clearly reflected in the ETH/USD pair, where Ethereum fell against the dollar due to declining expectations of large institutional investments coming soon.

Many had hoped that approval would be a step towards market maturation and rising prices, but the delay adds to the regulatory uncertainty that hinders wider adoption of digital currencies.

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