The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on multiple cryptocurrency exchange-traded funds (ETFs), extending the review period to October 2025. Among the delayed approvals are the Truth Social Bitcoin and Ethereum ETFs, proposed by Donald Trump's media company, as well as spot ETFs for XRP, Dogecoin, Litecoin, and staked Ethereum. The SEC also delayed decisions on ETFs from issuers including CoinShares, 21Shares, Bitwise, Grayscale, Canary Capital, WisdomTree, and Franklin Templeton. In response to the delays, several issuers have filed amendments to their S-1 registration statements for spot XRP ETFs, signaling ongoing engagement with the SEC ahead of the new deadline. The extended review affects major crypto assets such as Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Litecoin (LTC), and Solana (SOL).
'Very good sign': Grayscale, Bitwise, and more file amendments for spot XRP ETF proposals https://t.co/NGVyslVpHw
GRAYSCALE, BITWISE, WISDOMTREE, 21SHARES, FRANKLIN TEMPLETON, COINSHARES, AND CANARY CAPITAL FILE FORM S-1 AMENDMENTS FOR SPOT $XRP ETFS
🚨 TODAY: Grayscale files S-1 for $XRP ETF. https://t.co/4b3Oo3cedg