SEC Delays Decision on Ethereum, XRP, Solana ETFs
- The SEC delays ETF decisions for Ethereum, XRP, and Solana.
- New deadlines set for October to November 2025.
- BlackRock and Franklin Templeton are the key applicants.
The U.S. SEC delayed decisions on BlackRock’s Ethereum staking, and Franklin Templeton’s Solana and XRP ETFs, with final deadlines now set for October and November 2025.
These delays reflect ongoing regulatory caution, potentially affecting investor sentiment and market volatility amid high anticipation for eventual approvals in the cryptocurrency sector.
The SEC has postponed its decision on Ethereum, XRP, and Solana ETFs, filed by BlackRock and Franklin Templeton, with new deadlines set for October-November 2025.
The postponement underscores continued scrutiny over crypto ETFs, affecting investor sentiment and reflecting on asset prices.
SEC Defers Crypto ETF Decisions to Late 2025
The U.S. Securities and Exchange Commission has delayed decisions on ETF applications for Ethereum, XRP, and Solana. BlackRock and Franklin Templeton are the primary applicants seeking approval since July and March 2025, respectively.
Franklin Templeton seeks spot ETFs for Solana and XRP, while BlackRock targets an Ethereum staking ETF. The SEC’s delay is to allow further review, pushing the deadlines to October and November 2025.
Crypto Market Volatility Follows SEC’s Postponement
The decision’s immediate effects include short-term volatility in crypto markets, with Solana’s price noting a brief rise. Speculative optimism persists regarding eventual ETF approvals and their potential market benefits.
Financially, the postponement signals regulatory caution, affecting investment flows and industry planning. Analysts expect possible batch approvals later in the year, impacting institutional access to crypto ETFs.
Previous SEC Extensions Set Precedent for Delays
Historically, the SEC extends deadlines for crypto ETFs, as seen with Bitcoin in 2023-2024. Past approvals resulted in significant market activity and ETF inflows, setting potential expectations for Ethereum, Solana, and XRP.
Analysts suggest that if approved, these ETFs could enhance liquidity and institutional participation. Market data and historical trends hint at a surge in speculative action upon future approvals.
James Seyffart, ETF Analyst, Bloomberg – “Crypto ETFs would likely get a batch of approvals in October, when some of the over 90 filings reach their final deadlines.” source
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