The SEC has postponed its decision on staking within the Bitwise spot Ethereum ETF, igniting frustration in the crypto community. People are challenging the agency's motives and assertiveness, leading to growing discussions on forums where they share their irritation and skepticism about the SEC's approach.
Frustration continues to mount as people express disappointment with the SEC's ongoing delays. One comment succinctly stated, "Different people, same outcome. So they are still not pro crypto?" This reflects a shared sentiment that the SEC remains hesitant, despite a pro-crypto administration.
The SEC's indecisiveness has sparked thoughts among some that they are simply buying time, as articulated by one user: "Old tactics to gain some time." The consensus seems to be that approval is expected eventually, despite current frustrations. One user noted, "BlackRock wants ETH staking for ETF. That means it is going to happen. Patience."
Skepticism About SEC's Intentions
Many people are questioning whether the SEC genuinely supports the growth of the crypto market.
Frustration with Delays
Users are not hiding their annoyance, with some highlighting that it's the same story for now.
Hope for Inevitable Approval
Despite the delays, a number of people remain optimistic about eventual outcomes.
"Pro-crypto more in talks, less in action." This quote sums up the feeling that talk hasn't translated into decisive action.
The ongoing delay by the SEC has drawn increased scrutiny from both analysts and investors. Analysts warn that this hesitation can impact overall market sentiment. A commenter reminded everyone, "They have not refused the 'staking ETF'; they're just waiting to give their answer."
โณ Even with a pro-crypto president, agency responses reek of delay tactics.
โฝ Users express doubt that the SEC supports real crypto advancement.
โป "Not the best news for ETH holders!" resonates widely.
As the SEC continues with its review process, stakeholders are caught between hope and anxiety. With pressure mounting for regulatory clarity, how long can the crypto community endure this uncertainty? People are curious if this delay will ultimately lead to the guidance needed for Ethereum and its investors. Amid the chatter, the consensus remains: frustration runs high, but optimism lingers.