The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several cryptocurrency-related exchange-traded funds (ETFs), including those for XRP, Dogecoin, and Litecoin, until October 2025.
Extension of Decision Deadlines
The SEC has delayed the decision on XRP and other cryptocurrency ETFs for more thorough examination and analysis. The agency noted, "The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein."
Historic Inflow into Ethereum ETFs
Ethereum ETFs have reached a record weekly inflow of $2.85 billion, resulting in significant shifts in the cryptocurrency market and boosting investor confidence. This surge followed a previous record of $2.18 billion with total net asset value of $18.37 billion.
Predictions for Crypto ETF Approval
Market observers anticipate a standardized framework for crypto ETFs, particularly for altcoins and other large-cap assets. Potential launches are expected before year-end if the SEC approves in October, subject to exchange readiness.
Investors and traders are eagerly awaiting final SEC decisions, which may prove pivotal for the future of cryptocurrency investing in the U.S.
