SEC Delays Crypto ETF Decisions for Truth Social, Solana, and XRP Products
TLDR
- SEC delays decisions on Truth Social Bitcoin-Ethereum ETF, Solana ETFs, and XRP Trust until October deadlines
- Truth Social ETF decision pushed to October 8, while Solana products from 21Shares and Bitwise set for October 16
- Multiple XRP, Dogecoin, and Litecoin ETF applications also face October review deadlines
- Two major exchanges requested rule changes that could speed up future crypto ETF approvals
- BlackRock’s Bitcoin Trust leads the market with over $87 billion in assets under management
The Securities and Exchange Commission has pushed back decisions on several crypto exchange-traded funds until October. The delays affect products from Trump’s media company and major altcoin proposals.
On August 18, the SEC…