The US Securities and Stock Exchange Committee delayed decisions on the proposals of the multiple funds circulating in the exchange of encryption (ETF) on Wednesday, which prompted the final dates for money including Blackrock and Franklin Templeton.
According to SEC files, the agency has set a new final on November 13 for Franklin’s ethereum interest The amendment, and November 14 to him Solana and Xrp ETFS. A proposal seeks to allow the Blackrock’s Ishares Ethereum Trust is now on October 30.
Deposits do not indicate how the Supreme Education Council depends on applications; More time is needed to evaluate it. The committee uses the maximum extension available before issuing a final decision.
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Franklin’s proposals for ETHEREUM, Solana and XRP products were presented CBOE BZX in mid -MarchWhile I presented Nasdak Blackrock’s ISHARES ETAREUM StAKING Amended July 16.
Under Article 19 B of the Securities Exchange Law, the Securities and Stock Exchange Committee has up to 45 days of publication to work on changing the proposed base, which can extend to 90 or 180 days, and in some cases by 60 additional days.
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ETF delays continue to accumulate in the Supreme Education Council
The Securities and Stock Exchange has diverted its position significantly on digital assets since US President Donald Trump took office in January.
On July 31, again President Paul Atkins revealed a “encryption project”, “ A commission level initiative to update the rules of securities and bring in the circulation of digital assets, lending and roaming under a unified framework.
At the Organization for Economic Cooperation and Development (OECD) is a round table on global financial markets in Paris on Wednesday, Atkins emphasized Ali AxisHe announced, “It is time to encrypt.”
Despite the pro -Crypto batch, SEC continues to delay decisions on ETF applications, with suggestions accumulating across Altcoin and Staking products.
On Tuesday, Federal Agency Recittance decisions On ETF DOGECOIN BITWISE and HEDERA ETF, both reviews extend until November 12.
In August, SEC released a series of extensions on the hanging Crypto ETF applications. Among them was NYSE Arca files Bitcoin Social truth and ethereum etfNow on October 8, as well as the boxes of 21shares and Bitlise Solana boxes, they were pushed to October 16, and 21shares Core XRP TRUST was delayed until October 19.
On August 25, the organizers also expanded the review period for the suggestion of the CBOE BZX to include the Wisdomtree XRP box, where it set a new final appointment on October 24. On the same day, the committee launched its decision on Canary Pengu Etf, and transfer to rule Return to October 12.
According to a report on August 29, at least had at least the Supreme Council of Education 92 ETF proposals associated with encryption Under the review.
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