The American Securities and Exchange (SEC) commission has postponed its decision on several funds (ETF) proposed by cryptocurrency exchanges (ETF), according to documents published Thursday.
The applications include ETF according to the cash prices of Polkadot (DOT) and Hedera (Hbar), as well as a double fund of Crypto to Bitcoin (BTC) and Ethereum (ETH).
The SEC now has until June 11 to decide on the Nasdaq deposits for the Canary Hbar ETF and the conversion of the Polkadot confidence in Graycale in an ETF.
A separate request from the New York Stock Exchange for Bitwise Bitcoin and ETF ETF is faced with a decision -making date on June 10.
Canary, gray levels and lead wave in the direction of new ETF Crypto applications
Canari capital, gray level investments and asset management in the direction of the bit are part of a growing list of transmitters pushing for Crypto FNB.
After the success of Spot Bitcoin and Ethereum Ethers launched last year, the enthusiasm increased, with 72 ETF proposals linked to the crypto pending currently of the approval of the dry.
Canary Capital was particularly active, recently depositing for an ETF Tron (TRX) with pace characteristics, as well as proposals for ETF Solana (Sol), Pengu et Su (Sui).
Graycale also widened its ambitions with funds offered for Cardano, XRP, Dogecoin, Litecoin and Avalanche. Bitwise, meanwhile, applied for ETF linked to Dogecoin (Doge) and Aptos (APT).
Crypto-native companies and traditional financial institutions run to launch products related to cryptographic assets, derivatives and actions related to blockchain.
Bloomberg ETF analyst, Eric Balchunas, commented on the influx of deposits, calling on 2025 a “wild year” for cryptographic ETFs.
Currently, the Grayscale Bitcoin Trust (GBTC) holds nearly $ 18 billion in assets under management (AUM), making it the second largest among the 11 ETF Bitcoin with 11 approved places last year.
Bitcoin ETF of Bitwise manages approximately $ 3.6 billion in AUM. Collectively, FNB Bitcoin of the US spot now supervise about $ 100 billion, ranking ETF with the fastest growth in history.
After the news, Hedera increased by 5%, while Polkadot has earned almost 7% in the last 24 hours.
Quarter signals from the Trump dry era Revaluation of cryptography regulations
The recent change of tone of the dry under President Donald Trump reflects a wider effort to reassess the agency’s approach to digital assets.
As indicated, Paul Atkins was sworn in as the president of the SEC on Monday, marking a change in leadership which is greeted by the digital asset industry.
Under the direction of Atkins, the SEC has already withdrawn or delayed several important cases against cryptographic companies.
The agency abandoned its prosecution against Coinbase and Cumberland DRW earlier this year, and a separate survey on the Laboratoires Uniswap closed in February without action in application.
In the most recent case, the SEC has closed its survey on Cyberkongz, a NFT project project and game based in Ethereum, without any application measure, the team announced on Tuesday.
SEC’s decision delays the decision on the ETF Spot for Polkadot, Hedera and a Bitcoin and Ethereum fund appeared first on Cryptonews.
