The United States Securities and Exchange Commission (SEC) has once again postponed its decisions on several cryptocurrency exchange-traded funds (ETFs), delaying the approval deadlines for seven proposed funds until October 2025.
The affected ETFs include the Truth Social Bitcoin and Ethereum ETF, several XRP (XRP) ETFs, a Litecoin (LTC) ETF, and an Ethereum (ETH) ETF with staking.
What does the continued delay of the SEC mean for the future of cryptocurrency ETFs?
According to documents filed on August 18, 2025, the SEC extended the review period for the Truth Social Bitcoin and Ethereum ETF until October 8, 2025. The agency cited the need for more time to assess the proposed rule change.
Similarly, on Monday, the SEC postponed decisions on the CoinShares XRP ETF, the 21Shares Core XRP ETF, the Canary XRP Trust, and the Grayscale XRP Trust. Additionally, the regulator took a similar action for the CoinShares Litecoin ETF and the 21Shares Core Ethereum ETF with staking provision.
"The Commission believes it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change to allow sufficient time to consider the proposed rule change and the issues raised therein," wrote the regulator.
The new deadlines for these cryptocurrency ETFs are as follows:
Grayscale XRP Trust: October 18, 2025
21Shares Core XRP ETF: October 19, 2025
CoinShares XRP ETF: October 23, 2025
Canary XRP Trust: October 23, 2025
CoinShares Litecoin ETF: October 23, 2025
21Shares Core Ethereum ETF (with staking): October 23, 2025
The SEC's decision came shortly after it postponed taking any action on four Solana ETFs until October, as reported by BeInCrypto. This follows a pattern of prolonged reviews, and as such, the regulator's latest move is not entirely unexpected.