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Yeah it took sec to get the approval of Bitcoin etf as you said, looking at the circumstances that prompted this delay, do you see the approval of ethereum taking place soon, to me nothing is impossible but is not as easy as it sound, their are process involved in etf approval despite that bitcoin is rated as best among all other crypto it took time to get it things done this way and again if you look at the approval itself people taught that after etf approval bitcoin will pump very high but since then the price has been fluctuating as usual, this is to say that the approval of ethereum has more time to come.
Agree on this. SEC is taking in consideration the volatility of crypto to be approved as an ETF. ETH is much risky and volatile than Bitcoin so it means that it will took a long time to be approved.
It’s worst case scenario for XRP. They just barely off the hook against the SEC to their case for being security. I really doubt that they can have an ETF approved in the near future. XRP is the most problematic project among the top 10 crypto right now.