The Securities and Exchange Commission (SEC) has deferred its decision on the approval of two Ethereum-focused exchange-traded funds (ETFs). The SEC noted the initiation of proceedings for ETF approval in a statement on Monday. The initiation of proceedings does not imply that the Commission has reached any definitive conclusions regarding the matter. The statement notes, The post Ethereum ETFs: SEC Postpones Decision on Hashdex and Grayscale Applications appeared first on CoinGape .