The U.S. Securities and Exchange Commission (SEC) postpones five crypto-related exchange-traded funds (ETFS) applications

According to a Bloomberg report, the U.S. Securities and Exchange Commission (SEC) has delayed its decision to apply for crypto-related exchange-traded funds (ETFs).

ETF analysts James Seyffart and Eric Balchunas expect the move to further delay the SEC's ruling on products tracking Solana (SOL) and XRP.

Regulators must make a decision on the Franklin Templeton ETF by April 29, but the decision was delayed by 180 days.

The decision window for the Grayscale Hedera (HBAR) ETF and Bitwise Dogecoin (DOGE) ETF was also closed on Monday.

This delay is not surprising, and Seyffart foresees the delay, noting that the final deadline for most products is October 2025 or later.

He also mentioned that there may be more delays this week, considering that about 72 cryptocurrency ETFs are awaiting SEC approval and other authorizations.

Earlier this month, Balchunas said the SEC was unlikely to make any decisions about the crypto ETF application before Paul Atkins officially took office, which was recently taken.

He added: "They have been having outdoor meetings with people. A strategy may be proposed. After that, it may be approved."

The SEC decision on encrypted ETF applications generally follows a series of statutory deadlines: 45 days, 90 days, 180 days and 240 days after the publication of 19b-4 documents in the Federal Register.

According to an ETF approval calendar compiled by Bloomberg ETF analysts, many delayed products still face their final deadlines.

The updated calendar shows that the Franklin Live XRP ETF is now facing a final decision deadline for November 5, 2025, while the Franklin Attraction Solana ETF awaits the ruling on October 7, 2025.

The final deadline for Grayscale Hedera ETF and Bitwise Dogecoin ETF is scheduled for October 8, 2025. At present, Ethereum Stage Strage Protisions, which is still to be related to Fidelity's proposal, has been completed at an earlier stage as of April 2025.

These delays follow SEC standard practices and extend the agency’s timeline to continue the assessment without denial.

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