- SEC delays decisions on crypto ETFs for BlackRock, Franklin Templeton.
- SEC cites extended review necessity.
- Impact felt across affected digital assets.
The U.S. SEC has delayed decisions on crypto ETF proposals from BlackRock and Franklin Templeton, extending deadlines to late October and mid-November 2025 to ensure detailed review and alignment.
This postponement reflects regulatory caution and its ripple effects are anticipated to influence market volatility and institutional investment in digital assets like Ethereum, Solana, and XRP.
The US SEC recently delayed decisions on the crypto ETF proposals from BlackRock and Franklin Templeton. This move pushes deadlines for Ethereum staking and other assets into late 2025 due to the need for additional review.
Both BlackRock and Franklin Templeton, influential players in the financial sector, are seeking approval for their crypto ETF products. The SEC plans to execute a maximum allowable period extension under the Securities Exchange Act for careful consideration.
The delay has sent ripples through the financial markets, awaiting a signal from regulatory approvals. Ethereum, Solana, and XRP are notably impacted, as speculation grows on the pending decisions’ outcomes.
Market participants express heightened anticipation as the SEC’s decision timeline prolongs. Institutional interest remains robust, reflecting in the inflows into existing prototype products amidst regulatory uncertainty.
Such regulatory actions often precede crucial market adjustments or unveil new policies. BlackRock and Franklin Templeton remain pivotal under this regulatory scrutiny aiming at broader ETF acceptance.
Previous SEC delays set historical precedence for potential batch approvals, aligning with policy updates. Historic ETF decisions were often followed by market volatility, affecting token valuations and on-chain metrics like Total Value Locked (TVL).
The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change… – SEC Official Statement, Securities and Exchange Commission
