The U.S. Securities and Exchange Commission (SEC) has announced delays in considering several crypto ETF applications, which may impact the digital asset market.
Decision on Truth Social Bitcoin and Ethereum ETF
The SEC has decided to delay its final decision on the proposed listings and trading of shares for Truth Social Bitcoin and Ethereum ETFs. The next date set for a decision is October 8, 2025.
Delayed CoinShares ETF Applications
The commission also delayed decisions on the CoinShares Litecoin and XRP ETFs. Both applications have been scheduled for a decision on October 23, 2025. Additionally, the SEC announced a delay for the 21Shares Core XRP ETF application, with a decision date set for October 19, 2025.
Market Impact Forecasts
The SEC is expected to approve several crypto ETFs before the end of 2025, which may accelerate the mainstream adoption of digital assets. This could lead to a potential 'crypto summer' similar to what occurred with Bitcoin and its ETF approvals.
The SEC's decisions regarding crypto ETFs have the potential to significantly influence market trends and the development of the digital asset sector, pushing them into the mainstream.
