The U.S. SEC has decided to postpone its decisions on ETF applications for Ethereum, XRP, and Solana filed by BlackRock and Franklin Templeton. New deadlines are now set for October and November 2025.
Delayed SEC Decisions on ETFs
The SEC has postponed its decision on Ethereum, XRP, and Solana ETFs filed by BlackRock and Franklin Templeton. The new deadlines are set for October and November 2025. These delays reflect ongoing regulatory caution in the cryptocurrency sector.
Impact on Market Volatility
The immediate effects of the postponement include short-term volatility in crypto markets. Nevertheless, speculative optimism regarding future ETF approvals remains.
Historical Precedents and Expectations
The SEC has previously extended deadlines for crypto ETFs, as seen with Bitcoin in 2023-2024. If approved, these ETFs could enhance liquidity and institutional participation.
The SEC's delay in making decisions on ETFs for Ethereum, XRP, and Solana highlights regulatory caution and could significantly impact market reactions in the future.