#SEC推迟多个现货ETF审批

As of April 2025, the U.S. Securities and Exchange Commission (SEC) has once again delayed its approval decisions on several cryptocurrency spot ETFs, involving assets such as Solana (SOL), XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC). For example, the review deadline for the XRP spot ETF application submitted by Franklin Templeton has been postponed to June 17.  

The SEC's cautious attitude primarily stems from concerns regarding market manipulation risks, insufficient liquidity, and investor protection issues. Nevertheless, demand for spot cryptocurrency ETFs continues to grow, especially after the approval of Bitcoin and Ethereum spot ETFs, and applications for other cryptocurrency asset ETFs are actively progressing. 

It is worth noting that despite the slow regulatory approval process, large investors' interest in these cryptocurrency assets has not diminished. For instance, recent data shows that “whale” investors holding large amounts of XRP have increased their holdings by over 1 billion XRP in a short period, indicating confidence in the future market. 

Overall, the SEC’s approval of cryptocurrency spot ETFs remains in a cautious phase, and investors need to closely monitor regulatory dynamics and market developments to make informed investment decisions.