The post SEC Delays Decisions on Truth Social, Solana, and XRP ETF Filings Until October appeared on BitcoinEthereumNews.com. Key highlights: SEC delays rulings on Truth Social, Solana, and XRP ETFs until October 21Shares, Bitwise, and CoinShares among firms awaiting decisions BlackRock’s Bitcoin Trust continues to dominate inflows SEC extends ETF review deadlines The US Securities and Exchange Commission (SEC) has postponed decisions on three high-profile cryptocurrency exchange-traded fund (ETF) applications, extending their review into October. The filings include Truth Social’s Bitcoin-Ethereum ETF, Solana ETFs from 21Shares and Bitwise, and the 21Shares Core XRP Trust. In notices filed on August 18, the SEC set new deadlines: October 8 for the NYSE Arca Truth Social Bitcoin and Ethereum ETF, October 16 for the Solana applications, and October 19 for the Core XRP Trust. Solana and XRP filings under review Cboe BZX has also filed to list the first US spot Solana ETFs through 21Shares and Bitwise. If approved, these products would hold Solana tokens and offer regulated exposure to the network’s price movements. Separately, 21Shares has applied for its Core XRP Trust, intended to directly hold XRP and track its market value. Originally filed in February and later amended, the trust was nearing its 180-day deadline until the SEC extended its review by another 60 days. October seen as pivotal for ETF decisions Throughout the summer, the SEC has repeatedly extended deadlines for crypto ETF filings. In March, it delayed several altcoin proposals, including applications tied to XRP, Litecoin, and Dogecoin.  CoinShares’ Litecoin spot ETF was among those pushed back, with rulings now expected alongside other October reviews. The SEC often takes full advantage of its authority to delay, using the extra time to collect public feedback and address regulatory considerations before issuing decisions on new financial products. Expanding the global crypto ETF market The United States currently has a dozen spot Bitcoin ETFs, several Ether products, and growing applications… The post SEC Delays Decisions on Truth Social, Solana, and XRP ETF Filings Until October appeared on BitcoinEthereumNews.com. Key highlights: SEC delays rulings on Truth Social, Solana, and XRP ETFs until October 21Shares, Bitwise, and CoinShares among firms awaiting decisions BlackRock’s Bitcoin Trust continues to dominate inflows SEC extends ETF review deadlines The US Securities and Exchange Commission (SEC) has postponed decisions on three high-profile cryptocurrency exchange-traded fund (ETF) applications, extending their review into October. The filings include Truth Social’s Bitcoin-Ethereum ETF, Solana ETFs from 21Shares and Bitwise, and the 21Shares Core XRP Trust. In notices filed on August 18, the SEC set new deadlines: October 8 for the NYSE Arca Truth Social Bitcoin and Ethereum ETF, October 16 for the Solana applications, and October 19 for the Core XRP Trust. Solana and XRP filings under review Cboe BZX has also filed to list the first US spot Solana ETFs through 21Shares and Bitwise. If approved, these products would hold Solana tokens and offer regulated exposure to the network’s price movements. Separately, 21Shares has applied for its Core XRP Trust, intended to directly hold XRP and track its market value. Originally filed in February and later amended, the trust was nearing its 180-day deadline until the SEC extended its review by another 60 days. October seen as pivotal for ETF decisions Throughout the summer, the SEC has repeatedly extended deadlines for crypto ETF filings. In March, it delayed several altcoin proposals, including applications tied to XRP, Litecoin, and Dogecoin.  CoinShares’ Litecoin spot ETF was among those pushed back, with rulings now expected alongside other October reviews. The SEC often takes full advantage of its authority to delay, using the extra time to collect public feedback and address regulatory considerations before issuing decisions on new financial products. Expanding the global crypto ETF market The United States currently has a dozen spot Bitcoin ETFs, several Ether products, and growing applications…

SEC Delays Decisions on Truth Social, Solana, and XRP ETF Filings Until October

3 min read
SEC Delays Decisions on Truth Social, Solana, and XRP ETF Filings Until October

Key highlights:

  • SEC delays rulings on Truth Social, Solana, and XRP ETFs until October
  • 21Shares, Bitwise, and CoinShares among firms awaiting decisions
  • BlackRock’s Bitcoin Trust continues to dominate inflows

SEC extends ETF review deadlines

The US Securities and Exchange Commission (SEC) has postponed decisions on three high-profile cryptocurrency exchange-traded fund (ETF) applications, extending their review into October.

The filings include Truth Social’s Bitcoin-Ethereum ETF, Solana ETFs from 21Shares and Bitwise, and the 21Shares Core XRP Trust.

In notices filed on August 18, the SEC set new deadlines: October 8 for the NYSE Arca Truth Social Bitcoin and Ethereum ETF, October 16 for the Solana applications, and October 19 for the Core XRP Trust.

Solana and XRP filings under review

Cboe BZX has also filed to list the first US spot Solana ETFs through 21Shares and Bitwise. If approved, these products would hold Solana tokens and offer regulated exposure to the network’s price movements.

Separately, 21Shares has applied for its Core XRP Trust, intended to directly hold XRP and track its market value. Originally filed in February and later amended, the trust was nearing its 180-day deadline until the SEC extended its review by another 60 days.

October seen as pivotal for ETF decisions

Throughout the summer, the SEC has repeatedly extended deadlines for crypto ETF filings. In March, it delayed several altcoin proposals, including applications tied to XRP, Litecoin, and Dogecoin. 

CoinShares’ Litecoin spot ETF was among those pushed back, with rulings now expected alongside other October reviews.

The SEC often takes full advantage of its authority to delay, using the extra time to collect public feedback and address regulatory considerations before issuing decisions on new financial products.

Expanding the global crypto ETF market

The United States currently has a dozen spot Bitcoin ETFs, several Ether products, and growing applications for other tokens such as Solana and XRP. Globally, more than 100 crypto-related ETFs are already listed.

Assets in U.S. spot Bitcoin ETFs

Assets in U.S. spot Bitcoin ETFs. Source: ETF Database

BlackRock’s iShares Bitcoin Trust dominates the US market with over $87 billion in assets under management, maintaining a commanding lead through its liquidity and strong brand presence. Competitors remain much smaller in comparison, though filings for alternative crypto assets are steadily increasing.

Source: https://coincodex.com/article/71673/sec-delays-truth-social-solana-xrp-etfs/

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