SEC ETF freeze hits Solana, XRP, and Bitcoin produ
SEC ETF freeze hits Solana, XRP, and Bitcoin products: What happens next?
October could decide the future of crypto ETFs… or bring more delays.
The U.S. SEC has delayed decisions on several major crypto ETF proposals, including those tied to Bitcoin, Ethereum, Solana, and XRP. The move is a sign of caution when it comes to altcoins. The U.S. SEC is taking more time to decide on several high-profile crypto ETFs. Yesterday, the agency delayed decisions on products tied to Bitcoin [BTC], Ethereum [ETH], Solana [SOL], and Ripple [XRP], including one branded by Truth Social.While delays like this aren’t unusual, the growing number of crypto ETF filings shows just how quickly the market is evolving, and how regulators are trying to keep up.
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