Another delay, another headache...thanks SEC. ๐
The SEC is dragging its feet again.
Three high profile crypto ETF applications just got kicked down the road:
Whatโs Delayed โณ
๐ Truth Social Bitcoin & Ethereum ETF โ New deadline: Oct 8
๐ฃ Solana ETFs (21Shares & Bitwise) โ Oct 16
๐ง 21Shares Core XRP Trust โ Oct 19
What It Means ๐
The SEC is buying more time to review.
October now looks like a make-or-break month for altcoin ETFs.
Donโt expect early approvals...the SEC usually milks the full timeline.
Why It Matters ๐ฅ
โ A greenlight = mainstream investors can pile into SOL, XRP, BTC & ETH with ease.
โ Another delay/denial = market frustration, short-term dips possible.
BlackRock still dominates with $87B Bitcoin ETF inflows...competition is tiny compared to the giant.
Quick Take ๐ฏ
The SEC isnโt killing these ETFs, but theyโre not in a rush either. October is stacked with deadlines... buckle up, itโs going to be a big month.
๐ Do you think the SEC will finally approve SOL & XRP ETFsโฆ or pull another delay card?
