The U.S. Securities and Exchange Commission (SEC) has announced it is postponing its decisions on a number of cryptocurrency exchange-traded funds (ETFs), including XRP, Dogecoin, Litecoin, and Ethereum , stating it needs more time to thoroughly review the proposed changes.
According to the new timetable, the Truth Social Bitcoin and Ethereum ETF is scheduled to be decided on October 8, while October 19 has been set as the deadline for the 21Shares Core XRP Trust , along with other proposals from Bitwise, Grayscale and CoinShares.
The postponement was not limited to these currencies only, but also included Solana, Cardano, Hyderabad and Avalanche funds, reflecting the complexity of the issue and the multiplicity of proposals under consideration.
Despite these delays, analysts believe there is a gradual shift in the Authority’s position , especially after it recently allowed the creation and redemption of cryptocurrency index funds, showing greater flexibility compared to the previous cautious approach.
As October approaches, investors are anticipating crucial decisions that could reshape the global digital asset market .
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