The U.S. Securities and Exchange Commission (SEC) has put a hold on decisions regarding crypto exchange-traded fund (ETF) proposals from major asset managers like BlackRock and Franklin Templeton, potentially impacting institutional investment strategies in Ethereum, Solana, and XRP. These delays, expected to reach deadlines in late 2025, may affect funding flows into the crypto market. The SEC’s decision under Section 19(b) of the Securities Exchange Act indicates a cautious approach toward the evolving cryptocurrency regulations. This action follows a pattern of utilizing maximum extension periods for similar proposals, as evident by previous ETF-related delays.