The SEC delays the approval of multiple spot ETFs, and the market awaits regulatory signals

According to the latest news, the U.S. Securities and Exchange Commission (SEC) has announced a delay in the approval decisions for several spot crypto ETFs, including Grayscale Hedera, Franklin Solana, and Bitwise Dogecoin, with a new deadline set for May 2025 or later. The SEC stated that it needs more time to examine issues such as market manipulation and investor protection.

This move continues the SEC's cautious attitude towards crypto ETFs. Although spot ETFs for Bitcoin and Ethereum have been approved, ETFs for other crypto assets remain under strict scrutiny. Market participants believe that the delay may affect the confidence of short-term investors, but in the long run, clearer regulations will benefit industry development. Do you think these ETFs will be approved within the year? Feel free to leave a comment for discussion!