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The US Securities and Stock Exchange Committee (SEC) has postponed decisions on multiple requests for XRP, Litecoin (LTC), Solana (SOL) and Dogoin (DOGE) (boxes circulating on the stock exchange).
The agency said on March 11 presentation That “a longer period of time” to decide on the proposed base changes that would allow the designs circulating to pass to the next stage.
Bloomberg expert is not interested in delaying SEC
The affected investment funds include Solana ETF files for CBOE BZX Exchange and Grayscale XRP ETF. SEC is now until May to reach a decision on these funds.
While SEC refused to take a decision on the circulating investment funds, the Bloomberg analyst ETF James Sevart said it was “expecting” the delay, describing it as part of the “standard procedure”.
Eth Staking and Refled is also late. Everything is late. It is like Aminrak associated with NYC Monday morning: “Mechanical Issues in the Capital”
Eric Balunas (EricBalchunas) March 11, 2025
He added that the American president Donald Trump Choose for the SEC president, Paul Atkins, has not yet been confirmed.
“This does not change the possibilities of approval (relatively high),” he said, adding that the last deadline for decisions on funds is October.
A wave of requests for investment funds for SEC after the resignation of Gensler
SEC moves to delay its decision to several investment funds circulating in Altcoin after the agency received many requests to obtain funds associated with non -Bitcoin and Ethereum at the beginning of the year.
The stimulus was the resignation of the former SEC chair to combat Cryrypto Gary Ginsner.
Under the leadership of Gensler, SEC chose an organization with an enforcement approach to American companies operating in the encryption space.
Since it was stepped on January 20 and the supporter of Cripto Donald Trump entered the White House on the same day, many lawsuits were dropped against encryption companies.
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