The U.S. Securities and Exchange Commission (SEC) has postponed more than 90 cryptocurrency exchange-traded funds (ETFs), including filings from BlackRock and Franklin Templeton. The notice was published on September 11, 2025, as the SEC needs more time to review these filings.
Long Deadlines for Big Companies
SEC new deadlines have important suggestions. For instance, the BlackRock’s iShares Ethereum Trust staking amendment approval has a new deadline of October 30. Franklin Templeton‘s amended filing for an Ethereum ETF will be reviewed by November 13, and for its Solana and XRP ETFs has a new timeline of November 14.
Broader Impact on the Cryptocurrency Market
The SEC’s lag in granting review periods is part of a broader trend of holdup in the cryptocurrency space. There are at least 92 crypto ETF proposals awaiting review. Applications from companies like Bitwise, 21Shares, and WisdomTree have experienced holdups through August and September.
According to SEC Chairman Paul Atkins, the agency is eager to continue streamlining its approach to digital assets via initiatives such as “Project Crypto.” Even with such an initiative in place, though, investors are still cautious because they are waiting for the eventual move on these large products.
Market Reactions and Future Considerations
Market reaction to such delays has been ambivalent. While some investors express concern over prolonged indecision, others anticipate potential market rallies should these ETFs gain approval. Previously, ETF approvals have led to positive price movements in underlying cryptocurrencies.
SEC decisions for crypto products are binding. During these deliberations, the result can reshape the investment environment of digital assets in the U.S.
Investors must remain updated on future deadlines and SEC announcements, as such moves have the potential to largely influence market trends.
The SEC’s postponement of deadlines for more than 90 crypto ETFs points towards continued regulatory pressure in the crypto market. With critical decisions now pushed into late 2025, stakeholders must remain vigilant as the market awaits clarity and potential opportunities.
