The SEC has postponed decisions on multiple cryptocurrency ETFs, including BlackRock’s Ethereum staking proposal and spot XRP and Solana ETFs. These delays align with the development of a new generic listing framework that could streamline future approvals. Analysts now anticipate a batch of approvals in October when many applications reach their final deadlines.
- SEC developing generic listing framework using market cap, trading volume, and liquidity metrics to streamline crypto ETF approvals
- Dogecoin ETF launching September 11th under 40 Act structure, potentially becoming first US ETF holding an asset with no utility purpose
- Over 90 crypto ETF applications pending from major issuers including VanEck, Grayscale, and Bitwise covering various cryptocurrencies
📎 Related coverage from: cryptoslate.com
