Bloomberg ETF analyst: The US SEC is expected to announce the final approval results for 5 encryption ETFs in October or later.

GateUser-6433627c · 2025-04-30T02:22:40+00:00

The U.S. Securities and Exchange Commission (SEC) is expected to announce the final approval results for five encryption ETFs in October or later, delaying decisions on applications for encryption ETFs such as Solana (SOL), XRP, and Hedera (HBAR). Bloomberg ETF analysts indicated that this move aligns with expectations, and the approval dates may be further delayed, but many ETF products will face final approval between the third and fourth quarters.

GateUser-6433627c

2025-04-30 02:22:40

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[Bloomberg ETF analysts: SEC expects to announce final approval results of 5 crypto ETFs in October or later] U.S. Securities and Exchange Commission (SEC) postponed its sale of Franklin Templeton spot Solana (SOL) and XRP ETFs, Five crypto-related exchange-traded funds, including Grayscale Spot Hedera (HBAR) ETF, (ETF) application to make a decision, Bloomberg ETF analyst James Seyffart posted on the X platform that this move was expected, Because the final deadline for most projects is October 2025 or later, he did not rule out the possibility of further postponement this week, and according to the approval schedule, many of the postponed ETF products will still face the final approval deadline between the third and fourth quarters.

SOL0,71%

XRP-0,06%

HBAR0,1%

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