According to @rovercrc, the SEC has delayed Bitwise’s spot Solana (SOL) ETF application, confirming that no approval or listing will occur at this stage and that the review period is extended. Source: @rovercrc. For traders, this removes an immediate ETF-driven catalyst for SOL and keeps exposure limited to existing spot and derivatives markets until a subsequent SEC decision is published. Sources: @rovercrc; SEC Exchange Act Section 19(b)(2). Under Section 19(b)(2), the Commission may extend deliberations for up to 240 days from the proposal’s publication before issuing an approval or disapproval, so the next actionable update will arrive via a new SEC notice. Source: SEC Exchange Act Section 19(b)(2).

According to Eleanor Terrett, the SEC has postponed its decision on the listing of CanaryFunds' Litecoin ETF ($LTC) and is now requesting public input to determine if the fund meets regulatory standards, with a focus on preventing fraudulent and manipulative practices (source: @EleanorTerrett on Twitter, May 5, 2025). This delay introduces uncertainty for traders anticipating new Litecoin investment products, as regulatory approval remains a key factor in potential market inflows and price action. Monitoring public commentary and further SEC updates is crucial for short-term trading strategies involving LTC.

According to Eleanor Terrett, the SEC has postponed its decision on Franklin Templeton’s proposed XRP spot ETF until June 17, as reported on sec.gov. This regulatory delay introduces continued uncertainty for XRP traders and investors, potentially affecting short-term price action and trading volume. Market participants are advised to monitor the June 17 deadline closely, as ETF approval or further delay could trigger significant volatility in XRP markets. Source: Eleanor Terrett Twitter, sec.gov.

According to @EleanorTerrett, the SEC has postponed its decision on allowing WisdomTree and VanEck to implement in-kind creations and redemptions for their Bitcoin (BTC) and Ethereum (ETH) spot ETFs until June 3rd. In-kind transactions involve directly exchanging the underlying assets, such as Bitcoin and Ethereum, which could potentially impact trading strategies by reducing costs and improving efficiency. This delay could affect market sentiment and trading volumes in the cryptocurrency market, especially concerning BTC and ETH. Investors should monitor regulatory updates closely as they could influence ETF trading conditions.