SEC Delays Spot Crypto ETF Decisions for Franklin Templeton and Others

Regulatory delays continue for spot cryptocurrency exchange-traded funds (ETFs). The SEC has extended its review deadlines, pushing decisions to November for various applications including Franklin Templeton’s Ethereum, Solana, and XRP proposals. 45 days have been allotted for the final decision on each proposal. This follows a pattern of delays in SEC reviews, reflecting ongoing regulatory caution regarding cryptocurrency assets.