The U.S. Securities and Exchange Commission has extended its review period for several cryptocurrency ETF proposals, including those from BlackRock, Franklin Templeton, and Bitwise. The latest delays affect Ethereum staking ETFs, as well as spot funds tied to XRP, Solana, Litecoin, and Dogecoin.
New deadlines now stretch into October and November. Franklin Templeton’s XRP and Solana ETFs are due by November 14, while BlackRock’s staking-enabled Ethereum fund will be reviewed by October 30.
REX-Osprey ETFs Set to Launch
In contrast to the delays, five crypto ETFs filed by REX Shares and Osprey Funds are expected to launch this week. These include funds tied to Bitcoin, XRP, Dogecoin, Bonk, and Trump token.
Filed under the Investment Company Act of 1940, these ETFs follow a different path from the more heavily scrutinized 1933 Act spot ETFs. Without SEC objections, their 75-day review window ends on September 12, allowing automatic approval.
Read also: REX-Osprey Files Ethereum and Solana Staking ETFs Using C-Corporation Loophole
Market Reaction Remains Steady
Despite the regulatory delays, cryptocurrency prices have been largely unaffected. XRP is up 5.5% over the past week, while Cardano has gained 8%. Dogecoin and Litecoin have also posted moderate increases.
Polymarket data suggests strong investor confidence in eventual approvals. As of September 11, Dogecoin leads with a 94% chance of ETF approval by year-end, followed by XRP at 92%, Litecoin at 86%, and Cardano at 85%.
Read also: ETF Delays Are Piling Up – But Investors Aren’t Worried
Outlook
The SEC continues to exercise its full extension periods, a pattern that has become routine across both Bitcoin and altcoin ETF applications. While delays persist, market sentiment suggests investors view them as procedural rather than negative.
Industry attention now turns to October and November, which are expected to be decisive months for the growing list of pending crypto ETF filings.
