1.Absolutely delay means they observing the public opinion. It's a positive direction to approve ETF application. Due to delay ETF approval market reflect with down trend. But it's only delay, not yet cancel. There is increase chance for approve ETF because of delay. I expect crypto market will green again.

2.May be they want increase their registers.

Although they are payment is much higher from other campaign. But I feel it's not safe for participant.

3.Nothing is impossible on crypto market. Might be eth hit $200, but I am not much worried about it. Because total crypto market on bearish trend. Even Bitcoin itself on bearish trend. Due ETF rumor crypto market is not stable. Until btc isn't stable, we can't expect other alt Coin will bullish include eth. So be patience, market isn't our hand.

4.Absolutely still believe on ETH. I can't see any reason to unbelieve on it. Yes recently Eth has drop price , it doesn't mean eth shit Coin. Not only eth, recently all crypto market on bear run. Specially all kind of alt Coin. I expect crypto market will green soon include eth. Be patience. There sunrise after every night. Hold your eth until it become on profits.

5.As well I know SEC didn't rejected. SEC has postpone ETF proposal. Probably until end of September ETF has postponed. Yes there was some other ETF proposal was already rejected. For Bitcoin still pending.

6."What if " some application grunted, first benefit is Bitcoin will be open investment for worldwide investor. All the big investor will start invest on Bitcoin. I can't wonder how will increase Bitcoin price due many investor will invest at once. Price can cross 20k within week after approved. Many bank will be also accept Bitcoin as a currency. It's look every thing positive about ETF. I don't know exactly what thinking SEC. May be they worried about regulation & control about Bitcoin. But it can't be ever control.