The SEC has delayed 5 Crypto ETFs, and analysts expect a final decision in October.

According to the ETF approval calendar compiled by Bloomberg ETF analysts, many delayed products still need to meet the final deadline between the third and fourth quarters.

Original source: cryptoslate

Compiled by: Blockchain Knight

On April 29, the SEC postponed its decision on five ETF applications related to crypto assets, a move anticipated by Bloomberg ETF analysts James Seyffart and Eric Balchunas.

The delay involves Franklin Templeton's spot Solana (SOL) ETF and XRP ETF, Grayscale's spot Hedera (HBAR) ETF, Bitwise's Dogecoin (DOGE) ETF, as well as the staking terms related to Fidelity's spot Ethereum (ETH) ETF.

Seyffart stated: "In my opinion, this was to be expected. Most of these applications have final deadlines in October 2025 or later."

He does not rule out the possibility of further delays this week, as there are about 72 Crypto ETFs waiting for SEC approval, and the deadlines for these applications are approaching.

Balchunas pointed out that the SEC is unlikely to make any decisions on this matter before SEC Chairman Paul Atkins officially takes office.

He added: "They have been meeting with external parties. They may be developing relevant strategies. After that, perhaps these applications will be approved."

The SEC's decisions on Crypto asset ETF applications typically follow a series of statutory deadlines: 45 days, 90 days, 180 days, and 240 days after the publication of the 19b-4 form in the Federal Register.

According to the ETF approval calendar compiled by Bloomberg ETF analysts, many delayed products still need to meet their final deadlines between the third and fourth quarters.

The updated calendar shows that the final decision deadline for the Franklin spot XRP ETF is now set for November 5, 2025, while the Franklin spot SOL ETF must be decided by October 7, 2025.

The final deadlines for the Grayscale Hedera ETF and the Bitwise Dogecoin ETF are both set for October 8, 2025. The Ethereum staking terms related to the Fidelity proposal are currently still awaiting approval, with the early stage having been completed in April 2025.

This postponement aligns with the SEC's usual practice, extending the agency's evaluation time without making a decision to reject the application.