The ETF Expert Reacts to SEC Delaying Multiple Cryptocurrency ETF Application Decisions: These Will All Be Approved This Year

BlockBeats News, April 30th, according to Nate Geraci, President of The ETF Store, the U.S. Securities and Exchange Commission (SEC) today delayed the approval decisions of multiple cryptocurrency ETF applications. The products involved include: Franklin's SOL and XRP ETFs, Grayscale's HBAR ETF, Bitwise's DOGE ETF, Franklin and Fidelity's Ethereum ETF collateralized proposals, Franklin's cryptocurrency ETF, and Invesco Galaxy's Bitcoin and Ethereum ETF's physical creation and redemption mechanism.

Nate Geraci stated that he still believes these products will all be approved later this year.