SEC Delays Spot Crypto ETFs: Focus on Investor Protection and Market Dynamics

The U.S. Securities and Exchange Commission (SEC) has once again delayed decisions on spot cryptocurrency exchange-traded fund (ETF) applications, indicating a continued cautious approach toward these products. Notably, the SEC postponed decisions on XRP, Solana, and Dogecoin ETFs to a later date, with analysts suggesting potential delays into late 2025. The decision to delay these approvals stems from the SEC’s focus on investor protection and thorough market analysis before granting authorization.