Bloomberg ETF Analyst: U.S. SEC Expected to Announce Final Approval Results for 5 Crypto ETFs in October or Later

Jinse reports that the U.S. Securities and Exchange Commission (SEC) has delayed its decision on applications for five crypto-related exchange-traded funds (ETFs), including the Franklin Templeton spot Solana (SOL) and XRP ETFs, as well as the Grayscale spot Hedera (HBAR) ETF. Bloomberg ETF analyst James Seyffart stated on platform X that this move was expected since most project deadlines are in October 2025 or later, but he did not rule out the possibility of further delays this week. According to the approval schedule, many postponed ETF products will still face final approval deadlines between the third and fourth quarters.