SEC pushes back decisions on BlackRock and Franklin crypto ETFs
The Securities and Exchange Commission (SEC) has pushed back decisions on a list of high-profile crypto exchange-traded funds (ETFs). The extensions apply to proposals from two of the industry’s largest players: BlackRock and Franklin Templeton.
Per SEC filings, the amendment from Franklin to permit staking within its Ethereum ETF is now pending a decision by November 13. Its Solana and XRP ETFs were delayed a day later on November 14. The review period for this proposed amendment has been reset to October 30 for BlackRock’s iShares Ethereum Trust.
The SEC didn’t indicate whether it prefers to approve or deny the ETF. Instead, it used its authority under the Securities Exchange Act Section 19(b) to take the longest possible…
