SEC Delays Anticipated Approval of Ethereum ETFs to December, Citing Need for More Education

• SEC may delay approval of anticipated Ethereum ETFs until December

• Delay comes after Bitwise announced plans to list a spot Ethereum ETF

• Bitwise Bitcoin ETF (BITB) has seen explosive growth, amassing over $2B in assets

• Bitwise CIO says delay could benefit market by giving traditional finance more time to understand crypto

• Strategic patience could pave way for more robust institutional and retail investment in Ethereum