In the week of September 8–14, 2025, the SEC postponed decisions on major crypto ETFs, drawing attention to prominent firms like BlackRock, and impacting key digital assets such as Ethereum, Solana, and XRP.
Delay of SEC Decisions on Crypto ETFs
In calendar week 37, the **U.S. Securities and Exchange Commission (SEC)** delayed decisions on major crypto ETFs. **BlackRock**, **Franklin**, and prominent crypto projects including **Ethereum**, **Solana**, and **XRP** await critical regulatory outcomes.
Market Reactions and Financial Implications
Immediate effects include maintaining a holding pattern on institutional crypto investments. Anticipated fund flows for **ETH, SOL, and XRP** remain paused, impacting market activities. The **Kraken exchange** expanded its markets, offering tokenized U.S. stocks in Europe and potentially increasing liquidity. Dave Ripley, CEO of Kraken, mentioned, "Expanding our tokenized stock offering into Europe marks a significant step in democratizing access to investments for European customers."
Historical Trends and Developer Outlook
Financial implications extend to possible short-term market fluctuations around crypto ETFs. Historical precedents indicate that delays in ETF approvals typically result in market volatility, contrasting with positive rallies following actual confirmations. However, **Solana's successful upgrade** might encourage network stability and development growth. Market sentiments reflected frustration over regulatory gridlocks, though developers maintain cautious optimism amid technological improvements. Larry Fink, CEO of BlackRock, stated, "We continue to believe in the long-term potential of cryptocurrencies, even as we navigate through regulatory hurdles."
The SEC's delay in decisions on crypto ETFs creates uncertainty in the market, but technological improvements like Solana's upgrade may stimulate further development and stabilize sentiments among investors.
