SEC Delays Decisions on Crypto ETFs, Focusing on Futures Markets

The U.S. Securities and Exchange Commission (SEC) is taking a cautious approach to approving cryptocurrency-based exchange-traded funds (ETFs). The agency recently postponed decisions on applications for XRP, Solana, and Dogecoin ETFs, with potential finalization delayed until late 2025. This decision follows a similar approach with Bitcoin ETFs where prolonged review periods were required before approval. Experts believe this extended process is necessary to ensure these funds are free from fraud and market manipulation risks.