SEC Delays Ethereum Staking and Altcoin ETF Decisions

The U.S. Securities and Exchange Commission (SEC) has again tightened its reins, postponing decisions on staking options for Ethereum ETFs, as well as funds for XRP and Solana.

The delays affect applications from financial giants such as BlackRock, Fidelity, and Franklin Templeton and raise questions about the regulation of cryptocurrencies.

Staking in Ethereum ETFs put on hold

The SEC needs more time to review applications to allow staking for Ethereum ETFs. BlackRock, Fidelity, and Franklin Templeton had hoped to introduce this lucrative option after signals emerged in May that certain staking activities were not considered securities. But the latest delays indicate that regulators remain cautious. Experts see this as a balancing act between innovation and risk mitigation that is keeping the industry on edge.

Altcoin funds are also waiting for the SEC decision

Franklin Templeton’s plans for spot ETFs on XRP and Solana are also encountering obstacles. These applications, submitted since March, remain on hold. The delay could dampen the enthusiasm that has built up following positive market trends for these altcoins.

Other players such as Grayscale, VanEck, and Bitwise, which are also targeting Solana ETFs, could also be affected. Bitwise CEO Matt Hougan remains optimistic and predicts a strong end to the year for Solana – assuming approvals are forthcoming.

Market and perspectives

The uncertainty is reflected in the prices: Ethereum is up 2.64 percent, XRP 0.80 percent, and Solana 0.45 percent. However, the delays could make investors cautious, especially given the over 90 pending crypto ETF applications, as Bloomberg expert James Seyffart reports.

Community voices on X.com speculate about a possible SEC overload, while others suspect a strategic delay to stabilize the market.

What does this mean for the future?

The decisions could shape the direction of crypto adoption in the US. Staking could make ETFs more attractive by generating additional returns, but the SEC appears to want to carefully weigh the risks—such as manipulation or security vulnerabilities. Investors and developers alike will need patience. The altcoin funds could diversify the market if approved, but the wait is testing nerves.

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(Featured image by Traxer via Unsplash)

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