SEC Delays Decision on Crypto ETFs: Implications for Investors

The SEC has put the brakes on its decision regarding several proposed spot cryptocurrency exchange-traded funds (ETFs). They’ve pushed back their deadline for a final ruling, delaying a decision that is crucial for investors. While Canary’s HBAR ETF and Grayscale’s Polkadot Trust conversion are now scheduled for a June 11th decision, the SEC also has a deadline of June 10th to rule on Bitwise’s Bitcoin and Ethereum ETFs.