The U.S. Securities and Exchange Commission (SEC) has announced further delays in decisions regarding several cryptocurrency exchange-traded funds (ETFs). Among them is the proposal from Donald Trump’s media and technology company for funds tracking the performance of Bitcoin and Ethereum.
In Monday’s filing, the SEC postponed its ruling on the Truth Social Bitcoin and Ethereum ETF by 45 days — moving the deadline to October 8.
Delays Also for XRP, DOGE, and LTC
The regulator also announced similar delays for applications for spot XRP ETFs (Grayscale, CoinShares, Canary Capital, Bitwise, 21Shares), for Dogecoin ETF by Grayscale, and for Litecoin ETF by CoinShares. The exact deadlines differ for each filing.
The SEC also postponed a decision on adding staking to the 21Shares Core Ethereum ETF. This came just four days after delaying rulings on Solana ETFs (Bitwise, 21Shares, VanEck) and another Dogecoin ETF by 21Shares.
Why Crypto ETFs Are Surging Now
The current wave of proposals is driven by several factors:
the success of already launched 11 spot Bitcoin ETFs and 9 Ethereum ETFs
a more favorable political environment for cryptocurrencies under the current administration
growing interest from traditional financial institutions
Push to Shorten the Approval Process
In separate filings, Cboe BZX and NYSE Arca requested changes to their listing standards. The goal: allow selected crypto ETFs to be listed automatically, without the lengthy review under Rule 19b-4. Today’s process can take up to 240 days; the change could dramatically speed up new product approvals.
What to Expect Next
According to market analysts, the latest delays are not a major setback — instead, they likely align with the timing for the SEC to approve the new listing standards. If that happens, October could bring the first large wave of crypto ETF approvals under these rules.
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