In multiple documents filed on the 11th (local time), the SEC said it had "granted more time to determine any regulatory changes required for ETF approval."
Among the ETFs affected by the delay are Grayscale's XRP ETF and Cboe's
This includes the BZX Exchange's spot Solana ETF, and a final decision on this has been postponed until May.
Bloomberg ETF analyst James Seyffart said on the 12th (local time) through X that the SEC had “investigated several altcoins.”
"Although the decision on ETF approval has been postponed, this is not something to be concerned about," the report said, explaining that it was "expected and a standard procedure" and that it will not affect the possibility of approval.
He added that Paul Atkins, who was nominated by President Trump to be SEC Chairman, has not yet been formally appointed, and that "the delay is
"This does not change our optimistic outlook for the possibility of approval, and the deadline remains in October."
2025/03/13 11:09 KST
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