Overview
- New deadlines set: October 8, 2025 for Truth Social’s Bitcoin and Ethereum ETF, October 19, 2025 for 21Shares’ Core XRP Trust, and October 23, 2025 for CoinShares’ XRP ETF.
- The SEC also extended reviews for other filings, including XRP funds from Grayscale, Bitwise, and Canary Capital, a CoinShares Litecoin ETF, a Grayscale Dogecoin ETF, and a request to add staking to 21Shares’ spot Ethereum ETF.
- The moves follow petitions by Cboe BZX and NYSE Arca to adopt generic listing standards that could streamline token-based ETF approvals, according to agency filings and analyst commentary.
- Industry analysts say the extensions are procedural and expect the agency could cluster decisions in October after the comment period on new listing standards concludes.
- Truth Social’s application faces political scrutiny, as watchdog Accountable.US urged the SEC to reject it over conflict-of-interest concerns related to President Trump’s stake and the proposed custodian.