The US Securities and Exchange Commission (SEC) said this week that it is further delaying its decision on spot Ethereum exchange-traded funds (ETFs), dashing what little hope remained of an approval in 2024. Meanwhile, Apple (NASDAQ:AAPL) unveiled two newly designed iPads with artificial intelligence (AI) capabilities, and two tech companies reported their quarterly earnings, prompting very different reactions from investors. 1. SEC delays decision on Invesco Galaxy Spot Ethereum ETF This week brought bad news for investors waiting for the SEC’s decision on spot Ethereum ETFs. The SEC said on Monday (May 6) that it will delay its decision on the proposed Invesco Galaxy Spot Ethereum ETF for the second time, this time until July 5. The regulator previously delayed its decision in February, calling for a 21 day public comment period. Franklin Templeton, VanEck and BlackRock (NYSE:BLK) are also awaiting spot Ethereum ETF decisions from the SEC. In late…
