The SEC has decided that it will decide whether to launch the 2 cryptocurrency ETFs (Bitcoin and Ethereum, respectively) only in 2024.
This was a strategic move because nothing better than giving another reason for Bitcoin to rise even further during 2024 which is the year of Halving(more specifically April,2024).
The bad part is that it will leave many investors eager to invest in these ETFs and this is causing investors around the world to accumulate more money to buy these two cryptocurrencies (Bitcoin and Ethereum), along with many others.