The U.S. Securities and Exchange Commission has postponed decisions on nine cryptocurrency exchange-traded fund applications, setting new deadlines across October.
Among the pending proposals are the Truth Social Bitcoin and Ethereum ETF, two spot Solana ETFs filed by 21Shares and Bitwise, and the 21Shares Core XRP Trust.
Notices filed on August 18 confirm the extensions, with new decision dates ranging from October 8 for the Truth Social ETF to October 19 for the XRP trust.
The Truth Social Bitcoin and Ethereum ETF, submitted on June 24, is structured as a commodity-based trust directly backed by Bitcoin and Ether.
Despite being branded under Donald Trump’s platform, it mirrors existing U.S.-approved spot Bitcoin and Ether ETFs.
Separately, the Cboe BZX exchange is seeking approval for the first Solana ETFs in the country, giving institutional and retail investors regulated access to Solana’s performance. The delays continue the SEC’s cautious approach as crypto ETFs expand across asset classes.
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