The SEC has announced its decision to extend the review period for several crypto ETFs. This includes staking proposals for the Ethereum ETFs, as well as XRP and Dogecoin ETFs, with the commission pushing its decision to the final deadline for these funds.
SEC Delays Decision On Ethereum, XRP, and Dogecoin ETFs
In an SEC release , the commission revealed that it is extending the review period for the proposed rule change to permit staking in BlackRock’s Ethereum ETF . The agency stated that it finds it appropriate to designate a longer period within which it will take action on the proposed rule change. That way, it has sufficient time to consider the proposal and the issues in it.
With the extension, the SEC now has until the final deadline on October 30 to approve or