The SEC has delayed its highly anticipated decisions on crypto ETFs from asset management giants BlackRock and Franklin Templeton. New deadlines have been set for late October and mid-November.
The regulator is taking the maximum amount of time allowed by law to review proposals for funds holding Ethereum, Solana, and XRP, as well as one that includes a staking feature.
The delays come as the agency undergoes a major policy shift on digital assets, launching “Project Crypto” to create a modernized regulatory framework.
