The crypto market continues to face regulatory uncertainties in the United States. While institutional investors were hoping for a major breakthrough with the introduction of Ethereum ETF options, the Securities and Exchange Commission (SEC) has once again postponed its decision. This choice underscores the caution of the financial authority, despite the precedent set by Bitcoin ETF options, which are already in place. Behind this delay lies a whole segment of the crypto finance that remains suspended under still vague regulations, caught between growth potential and increased control by authorities.