The U.S. SEC has postponed rulings on various crypto ETF proposals, including Truth Social’s Bitcoin and Ethereum funds, with decisions now expected as late as October amid broader regulatory reviews.
The U.S. Securities and Exchange Commission has delayed decisions on several cryptocurrency ETFs, including Truth Social’s proposed Bitcoin and Ethereum fund, pushing its review deadline to October 8. Other postponed applications include spot XRP ETFs by Grayscale, CoinShares, Canary Capital, Bitwise, and 21Shares; a Dogecoin ETF from Grayscale; and a Litecoin ETF from CoinShares, along with a request to add staking to the 21Shares Core Ethereum ETF. The delays follow earlier deferrals for Solana and Dogecoin funds and come as the SEC considers changes to Cboe BZX and NYSE Arca listing standards that could speed up future ETF approvals. Bloomberg analyst Eric Balchunas said the moves are procedural and likely precede a wave of approvals starting in October. Separately, a solo Bitcoin miner solved block 910,440, earning 3.137 BTC worth about $365,000 using Solo CKPool.