#SEC推迟多个现货ETF审批

The U.S. Securities and Exchange Commission (SEC) recently postponed the approval of several cryptocurrency spot ETFs again, which attracted market attention. The delayed applications include VanEck’s Solana ETF, Canary’s Litecoin and Solana ETF, Grayscale’s XRP and Dogecoin ETF, and Grayscale’s Cardano and Dogecoin ETF, among others. The SEC said it needed more time to evaluate the proposals and might make a decision after new chairman Paul Atkins takes office.   

The SEC has long been cautious about crypto spot ETFs. It took ten years for the Bitcoin spot ETF to be approved in early 2024, while the Ethereum spot ETF was not listed until July of the same year. Currently, ETF applications for emerging assets such as Solana and XRP are still in the early stages, and it may take months or even longer before a final decision.  

Market views are divided. Bloomberg analyst Eric Balchunas believes that the success of Bitcoin and Ethereum ETFs paves the way for other assets, but the transition period with the new chairman may slow down decision-making. Katherine Dowling, legal director at Bitwise, is more optimistic, believing that cooperation between the SEC and the Commodity Futures Trading Commission (CFTC) is strengthening and that ETFs for non-securities assets such as Dogecoin may be approved more quickly. 

Overall, the SEC's approval of crypto spot ETFs is still in a wait-and-see phase, and investors need to pay close attention to regulatory trends and market developments.