Key Takeaways 

SEC has delayed its decision on several altcoins and staking ETFs filings to October and November. Will the approvals trigger a strong market rally in Q4? 


The U.S. Securities and Exchange Commission (SEC) delayed its decision on several crypto ETFs and related staking applications. 

The regulator requested more time until late October or mid-November to review the requests from interested issuers. 

On the pending Ethereum [ETH] ETF staking list, BlackRock, Franklin Templeton, Fidelity, 21Shares, and Grayscale were all delayed

Source: SEC

For BlackRock’s staking application, the agency extended the final deadline to the 30th of October. The world’s largest asset manager made its first filing for this provision in July.

The decision on Franklin Templeton’s crypto index and ETF staking permission was pushed to the 13th of November. 

In addition, the agency postponed the decision on Spot Solana [SOL]

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Author: Benjamin Njiri

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