SEC Delays Crypto ETF Decisions to October
U.S. Securities and Exchange Commission (SEC) has pushed back key crypto ETF decisions into October 2025, including Solana ETFs from 21Shares and Bitwise, an XRP ETF by 21Shares, and Litecoin proposals from Grayscale, Canary Capital, and CoinShares. The review deadlines now fall between Oct. 16 and Oct. 19, also covering a Truth Social Bitcoin and Ethereum ETF tied to Donald Trump’s platform. The SEC says the delay allows for additional assessment and public feedback. Despite the temporary setback, industry participants remain optimistic about eventual crypto ETF decisions. This postponement may keep traders cautious but highlights intensified regulatory scrutiny and a clearer path to approvals later in the year.
Neutral
Although SEC delays on crypto ETF decisions can create short-term uncertainty and trigger market volatility, the consistent pushback pattern historically precedes eventual approvals, as seen with multiple Bitcoin ETF applications. Traders may adopt a cautious stance ahead of the new deadlines, potentially limiting aggressive positions in Solana, XRP, and Litecoin. However, optimism around final ETF approvals and increased regulatory clarity supports a neutral market outlook. In the long term, confirmed ETF listings are expected to boost liquidity and adoption, offsetting short-term hesitancy from these procedural delays.