SEC Delays Deciding on Multiple Crypto ETFs Until October

Regulators postponed decisions on Solana, XRP, Litecoin, and Truth Social-linked ETFs until October, keeping markets waiting for clarity.

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Posted August 19, 2025 at 10:53 am ET.

The U.S. Securities and Exchange Commission (SEC) has delayed decisions on multiple high-profile crypto exchange-traded funds (ETFs), pushing the review deadlines into October 2025.

Two Solana ETFs – one from 21Shares and the other from Bitwise – have a new decision date of Oct. 16. An XRP-based ETF from 21Shares also had its deadline decision pushed to Oct. 19.

Decisions on Litecoin ETF applications from Grayscale, Canary Capital, and CoinShares were also pushed to mid-October, as was a decision on the Truth Social Bitcoin and Ethereum ETF, linked to President Donald Trump’s Truth Social media platform.

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The delay extensions are procedural to allow more time for assessment and to consider public feedback, but industry watchers have stayed optimistic about their eventual approvals.