U.S. ETF Expert Comments on SEC's Delay of Multiple Cryptocurrency ETF Application Decisions: All of These Will Be Approved This Year

According to BlockBeats, Nate Geraci, the president of The ETF Store, disclosed that the U.S. Securities and Exchange Commission (SEC) has postponed the approval decisions for multiple cryptocurrency ETF applications today. The products involved include: Franklin's SOL and XRP ETFs, Grayscale's HBAR ETF, Bitwise's DOGE ETF, the staking plans for Franklin and Fidelity's Ethereum ETFs, Franklin's cryptocurrency ETF, and Invesco Galaxy's physical subscription and redemption mechanism for Bitcoin and Ethereum ETFs. Nate Geraci stated that he still believes these products will be approved within this year.