The Securities and Exchange Commission is predicted to delay the approval of spot Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs), according to investment bank TD Cowen. What Happened: TD Cowen, as reported by The Block on Thursday, anticipates that the SEC will not greenlight Ethereum ETFs before the May approval deadline. The investment bank’s prediction rests on the assumption that the SEC will first want to glean insights from Bitcoin (CRYPTO: BTC) ETFs before it moves on to Ethereum or other digital tokens. “Our expectation is that the agency will not be approving ETPs for other crypt…

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