The U.S. Securities and Exchange Commission (SEC) has once again kicked key crypto ETF applications into the long grass, delaying a slate of high-profile filings until October \u2013 in a deja vu moment for SEC crypto timelines.<\/p>\n
In notices filed August 18<\/a>, the regulator extended review deadlines for NYSE Arca\u2019s Truth Social Bitcoin-Ethereum ETF to October 8, for 21Shares\u2019 and Bitwise\u2019s Solana funds to October 16, and for the 21Shares Core XRP Trust to October 19.<\/p>\n The Truth Social ETF, submitted in June and backed by Trump Media\u2019s platform, is structured as a commodity-based trust holding BTC and ETH directly.<\/p>\n While it mirrors the mechanics of approved spot ETFs, political optics<\/a> have drawn scrutiny. Watchdogs, including Accountable.US, argue that Trump\u2019s deep ties to crypto ventures could undermine confidence in the SEC if the fund proceeds.<\/p>\n Solana\u2019s applications, lodged by 21Shares and Bitwise through Cboe BZX<\/a>, would mark the first U.S. spot Solana ETFs.<\/p>\n The products are designed to provide institutional exposure to SOL without custody risk, a critical step as Solana\u2019s market cap pushes past $80Bn and institutional demand builds.<\/p>\n EXPLORE:\u00a020+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n U.S. SEC DELAYS COINSHARES AND 21SHARES $XRP<\/a> ETFS<\/p>\n \u2014 The Wolf Of All Streets (@scottmelker) August 18, 2025<\/a><\/p>\n\n XRP\u2019s trust filing, first lodged in February, was also pushed back<\/a> despite already nearing its 180-day deadline, as was the Coinshares Litecoin ETF filing.<\/p>\n These delays are consistent with the SEC\u2019s standard playbook: exhausting every extension period before a final ruling.<\/p>\n Bloomberg ETF analyst James Seyffart has noted that the agency \u201calmost always\u201d runs down the clock on 19b-4 filings. October is now stacked with final decision dates across altcoin ETFs, from Litecoin to Dogecoin.<\/p>\n The SEC has announced a delay for @CoinSharesCo<\/a>\u2019s Litecoin ETF, setting a new deadline of Oct 23rd, 2025 for the decision. https:\/\/t.co\/2hd9X1SDis<\/a> pic.twitter.com\/XmZmU3S7BQ<\/a><\/p>\n \u2014 Litecoin Foundation (@LTCFoundation) August 18, 2025<\/a><\/p>\n\n The extensions occur against a backdrop of accelerating flows into spot BTC and ETH ETFs, which drew a combined $3.75Bn in net inflows last week.<\/p>\n BlackRock\u2019s iShares Bitcoin Trust alone controls more than $87Bn in AUM. By contrast, altcoin products remain in limbo, their fate hinged on an SEC still reluctant to extend legitimacy beyond Bitcoin and Ethereum.<\/p>\n EXPLORE:\u00a09+ Best High-Risk, High-Reward Crypto to Buy in August 2025<\/a><\/strong><\/p>\n The post Deja Vu? SEC Kicks Solana, XRP, Truth Social Crypto ETFs Into Long Grass<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The U.S. Securities and Exchange Commission (SEC) has once again kicked key crypto ETF applications into the long grass, delaying a slate of high-profile filings until October \u2013 in a deja vu moment for SEC crypto timelines. In notices filed August 18, the regulator extended review deadlines for NYSE Arca\u2019s Truth Social Bitcoin-Ethereum ETF to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89418","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89418"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89418"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89418\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Are Political Fears Holding Back Trump\u2019s Crypto ETF?<\/strong><\/h2>\n
XRP Trust Filings Are Also Hitting SEC Crypto Delays<\/strong><\/h2>\n