Overview
- The SEC set new deadlines for Truth Social’s Bitcoin & Ethereum ETF on October 8 and for five spot XRP proposals between October 18 and 23, citing formal review extensions under Section 19(b)(2).
- Revised XRP dates include Grayscale on October 18, 21Shares on October 19, Bitwise on October 22, and CoinShares and Canary Capital on October 23.
- Delays also cover first-of-their-kind spot Solana funds from 21Shares and Bitwise to October 16, a CoinShares Litecoin ETF, a Grayscale Dogecoin ETF, and a 21Shares Ether ETF staking proposal.
- Analysts characterize the moves as procedural and suggest the SEC may coordinate a batch of decisions in October following expected action on exchanges’ generic listing standards.
- Truth Social’s filing has drawn a call for rejection from watchdog Accountable.US over conflict concerns, while BlackRock says it has no current plans to pursue an XRP ETF.