SEC delays 5 crypto ETFs, analysts expect final rulings by October
The US Securities and Exchange Commission (SEC) delayed decisions on five crypto-related exchange-traded funds (ETFs) applications on April 29, a move expected by Bloomberg ETF analysts James Seyffart and Eric Balchunas.
The postponements affect Franklin Templeton’s spot Solana (SOL) and XRP ETFs, Grayscale spot Hedera (HBAR) ETF, Bitwise spot Dogecoin (DOGE) ETF, and the staking provisions associated with the Fidelity spot Ethereum (ETH) ETF.
Seyffart stated:
“This is expected IMO. Final deadlines for most of this stuff is in October 2025 or later.”
He also did not discard the possibility of further delays this week, with more deadlines approaching on roughly 72 crypto ETFs awaiting the SEC’s approval.
Balchunas noted that the SEC…
