The SEC has delayed its decision on several crypto ETF applications, including Grayscale’s Polkadot Trust, Bitwise’s combined Bitcoin and Ethereum ETF, and Canary’s Hedera ETF.
Paul Atkins has recently taken over as SEC Chair, prompting a thorough review of pending ETF applications. The delay aims to provide sufficient time for a comprehensive evaluation.
The crypto community expresses optimism regarding the potential approval of the ETF filings under Atkins’ leadership, especially given his pro-crypto stance.
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