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SEC Delays BlackRock ETH Staking and Franklin Solana, XRP ETF Decisions to October–November

The moves position high-profile crypto funds for an expected fall decision window as regulators weigh listing standards and staking risks.

Overview

  • An SEC filing moved Nasdaq’s request to add staking to BlackRock’s iShares Ethereum Trust to October 30, a 45‑day extension.
  • The Commission set November 14 as the new deadline for Cboe to list Franklin Templeton’s proposed spot Solana and XRP ETFs, a 60‑day delay.
  • Fidelity’s bid to add staking to its Ethereum fund now faces a November 13 decision, with 21Shares and Grayscale Ethereum staking proposals pushed to October 23 and October 29.
  • The SEC said it needs more time to evaluate the proposed rule changes, reflecting continued scrutiny of staking mechanics, custody, and market‑manipulation concerns.
  • Roughly 90–92 crypto ETF applications remain under review, and U.S. exchanges are working with the SEC on a Generic Listing Framework that analysts say could set up batch approvals in the coming months.