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The president of The ETF Store: still believes that the Crypto Assets ETF that the US SEC postponed today will be approved within this year.
【The ETF Store President: Still believes that the cryptocurrency ETFs postponed today by the SEC will be approved within this year】Nate Geraci, President of The ETF Store, disclosed that the U.S. Securities and Exchange Commission (SEC) postponed the approval decisions for multiple cryptocurrency ETF applications today. The involved products include: Franklin’s SOL and XRP ETFs, Grayscale’s HBAR ETF, Bitwise’s DOGE ETF, staking plans for Franklin and Fidelity’s Ethereum ETFs, Franklin’s Crypto Assets ETF, and Invesco Galaxy’s Bitcoin and Ethereum ETFs’ physical subscription and redemption mechanisms. Nate Geraci stated that he still believes these products will be approved within this year.