Amid all the mixed sentiments about the CBOE Proposal, this news seems to dampen confidence and does not bode well for the verdict on 30th September.

The SEC says that the decision was in "the public interest" but I fail to understand how

What do you guys make of this ? 
Here is the reference article-  https://www.coindesk.com/us-regulators-suspend-bitcoin-and-ether-investment-vehicles/