“It appears that evidently it’s now not a query of ‘if’ however only a query of ‘when’ the SEC will lastly approve a spot ETF,” Bradley Duke, co-CEO of the London-based ETF issuer, ETC Group. “However the present crypto market turbulence, together with the fallout from the collapse of UST and Terra Luna and the misery of main crypto finance corporations like Celsius and BlockFi, might all contribute to giving the SEC purpose to delay additional opening the floodgates.”