Key Highlights:

  • SEC extends decision deadlines for Grayscale Polkadot Trust and Canary’s HBAR ETF proposals to June 11.

  • Bitwise Bitcoin and Ethereum ETF decision also delayed to June 10.

  • SEC is currently reviewing dozens of crypto ETF proposals under a more crypto-friendly stance.

New Crypto ETF Decisions Pushed to June

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on crypto ETFs based on Polkadot and Hedera tokens, citing the need for more time to evaluate the filings. The decisions are now due in mid-June.

Shift Under Trump-Era SEC

Since President Trump’s inauguration, the SEC has demonstrated a friendlier posture toward crypto, approving Bitcoin and Ethereum spot ETFs in 2024 and hosting public crypto roundtables.

ETF Landscape Expanding

Firms continue to push for diverse ETF offerings as the market expects broader approval beyond Bitcoin and Ethereum, although the pace remains cautious.

Read the full article on theblock.
South Korea’s Central Bank Joins Push to Regulate Stablecoins
Previous Post
South Korea’s Central Bank Joins Push to Regulate Stablecoins