SEC Delays Decisions on Cryptocurrency ETFs, Pushing Back Approvals

The U.S. Securities and Exchange Commission (SEC) has delayed its decisions regarding several applications for cryptocurrency exchange-traded funds (ETFs), including those submitted by BlackRock and Franklin Templeton. The SEC is taking time to consider the implications of these products before making a final decision, with specific deadlines set for November 13 and 14 for Franklin Templeton’s Ethereum staking ETF proposals.