U.S. SEC postpones Grayscale’s Ethereum ETF based on spot prices.

Analysts have observed that the addition of a staking feature to certain applications may be worrying the SEC’s Chairman, Gary Gensler. Gensler has consistently stated that most crypto assets should be classified as securities. Despite significant withdrawals from Grayscale’s fund, spot BTC ETFs have seen a total net inflow of over $12 billion.