The U.S. SEC has announced a delay in decisions regarding crypto ETF proposals from both BlackRock and Franklin Templeton, which may impact the digital asset market.
Reasons for SEC's Delay
The SEC has postponed its decisions on the BlackRock and Franklin Templeton crypto ETFs, extending deadlines to late October and mid-November 2025. This delay is due to the need for additional analysis and regulatory compliance.
Impact on Digital Asset Market
This delay has already affected financial markets, with repercussions felt by digital assets such as Ethereum, Solana, and XRP. The anticipation of regulatory approval is driving speculation regarding these tokens.
Prospects for Institutional Investors
Despite the uncertainties, institutional interest remains robust. Fund inflows continue into existing products amid anticipation for clarifications from the SEC. Historically, SEC ETF delays often precede significant market shifts.
The SEC's delay could create new waves of volatility in the cryptocurrency market. Meanwhile, institutional investor interest in crypto ETFs remains strong, potentially leading to new investment opportunities in the future.
