Mon Sep 22 06:20:00 UTC 2025: **Summary:**

The U.S. Securities and Exchange Commission (SEC) has further delayed decisions on several cryptocurrency-related exchange-traded funds (ETFs), including those involving Ethereum staking, Solana, XRP, Hedera, Dogecoin, and Litecoin. These delays affect proposals from major players like BlackRock, Franklin Templeton, Grayscale, CoinShares, and others. The SEC’s reasoning is likely tied to pending changes to listing standards that could streamline the ETF approval process in the future. Bloomberg analysts predict a high probability of approval for Solana and XRP ETFs this year, and expect ETH staking to be permitted as well. The expectation is that a flood of ETF approvals will follow once the generic listing standards are finalized, potentially in early October.

**News Article:**

**SEC Punts on Crypto ETF Decisions, Delaying BlackRock Ethereum Staking and Altcoin Funds**

Washington D.C. – The Securities and Exchange Commission (SEC) has once again postponed decisions on a wave of proposed cryptocurrency exchange-traded funds (ETFs), leaving investors in suspense and the industry anticipating a potential regulatory overhaul.

Filings released Wednesday reveal the SEC has extended deadlines for multiple proposals, including:

* **BlackRock’s iShares Ethereum Trust:** Decision on adding staking feature delayed to October 30th.
* **Franklin Templeton Solana and XRP ETFs:** Decision pushed back to November 14th.
* **Grayscale Hedera Trust:** Decision delayed to November 12th.

These delays join a growing list impacting applications for spot XRP funds, Dogecoin, and Litecoin ETFs, as well as those from other prominent firms such as CoinShares, Bitwise, and 21Shares.

The SEC’s actions have fueled speculation that the agency is waiting for new, more streamlined listing standards to be implemented. Bloomberg Senior ETF Analyst Eric Balchunas believes the SEC is prioritizing the approval of generic listing standards that could significantly shorten the approval process for future crypto ETFs.

“They’ve been punting and punting […] and we expect them to keep putting everything off until the generic listing standards are done,” said Balchunas. He anticipates a “flood of ETFs” hitting the market in the months following the finalization of these standards, potentially as early as early October.

Despite the delays, analysts remain optimistic about the eventual approval of crypto ETFs. Bloomberg analysts predict a high probability of Solana and XRP ETFs being approved this year, and expect ETH staking to be permitted as well.

The SEC’s decisions continue to be closely monitored by the crypto industry, as they will have a significant impact on the accessibility and mainstream adoption of digital assets.

Read More