$The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the spot Ethereum ETF proposal submitted by 21Shares and Ark Invest. This delay pushes the review deadline further, as the SEC continues to evaluate the implications of approving a spot Ether ETF. The proposal seeks to list and trade shares of the Ark 21Shares Ethereum ETF on the Cboe BZX Exchange. Market participants were hopeful for a favorable decision, especially after the approval of spot Bitcoin ETFs earlier this year. However, the SEC's cautious approach signals ongoing regulatory scrutiny around crypto-based investment products. A final decision is now expected in the coming months.$BTC $ETH #SEC #ETHSEC $BNB