SEC Delays Bitcoin and Ethereum ETF Decision, Impacting Market Sentiment

The Securities and Exchange Commission (SEC) has extended its review of a proposed Bitcoin and Ethereum ETF application by Truth Social, delaying the decision until October 8, 2025. This action significantly impacts market sentiment and liquidity for crypto ETFs like BTC, ETH, SOL, and XRP. The delay raises concerns regarding regulatory processes and potential conflicts of interest stemming from Donald Trump’s significant stake in the parent company of Truth Social. The SEC’s extended review adds to a complex landscape as investors anticipate clarity on U.S. approval for crypto ETFs.