Crypto ETF Wave: SEC Clears Path for 12 Funds After Delay Withdrawal
The U.S. Securities and Exchange Commission (SEC) has withdrawn all pending delay notices for multiple cryptocurrency exchange...
Quick overview
- The SEC has withdrawn pending delay notices for multiple cryptocurrency ETFs, including those for Solana, XRP, and Litecoin.
- This decision follows the approval of Generic Listing Standards for crypto ETFs, effective October 1, signaling no further extensions on review periods.
- Major firms affected by this include Bitwise, Fidelity, and VanEck, with the Canary Litecoin ETF set to list on Nasdaq soon.
- Market reactions show positive movement in prices for XRP, Solana, and Hedera, indicating increased investor interest.
The U.S. Securities and Exchange Commission (SEC) has withdrawn all pending delay notices for multiple cryptocurrency exchange-traded funds (ETFs), including those for Solana (SOL), XRP, Hedera (HBAR), Litecoin (LTC), and Cardano (ADA).
This follows the approval of Generic Listing Standards for crypto ETFs which will go into effect October 1. By dropping these notices the SEC is signaling they will no longer extend review periods beyond the statutory deadlines. Final approval decisions are now expected in October.
Firms with affected filings include Bitwise, VanEck, Fidelity, Canary, 21Shares, Invesco Galaxy, Franklin, WisdomTree, and CoinShares. Note the Canary spot Litecoin ETF is set to list on Nasdaq in the coming days, one of the first to use the new framework.
With September ending, one key takeaway stands out: the SEC approved simplified rules for crypto ETFs.
This move paves the way for a wave of new funds and strengthens the U.S. position as a hub for institutional capital.#SEC #ETF— Hearst (@Hearst_io) September 29, 2025
Ethereum ETFs and Staking Proposals
Along with altcoin ETFs the SEC also withdrew notices delaying decisions on Ethereum ETF staking. The review involved applications from BlackRock’s iShares, Fidelity, Franklin, VanEck, Bitwise, 21Shares and Invesco Galaxy.
This is big as several exchanges—Nasdaq, CBOE BZX Exchange and NYSE Arca—have amended their filings to comply with the generic standards. One product, the REX-Osprey ETH + Staking ETF, has already launched, offering spot ETH exposure while distributing rewards from on-chain staking.
Key Points:
- Altcoin ETFs: Solana, XRP, HBAR, Litecoin, Cardano
- Major Filers: Bitwise, Fidelity, VanEck, 21Shares, CoinShares
- Staking Proposals: Ethereum ETFs from BlackRock, Invesco, Fidelity
- Upcoming Launch: Canary Litecoin ETF on Nasdaq
SEC ETF Deadline Looms: Can $XRP Break Into the Next Institutional Wave?
The SEC’s upcoming deadlines on spot crypto ETF applications are setting the stage for one of the most important moments in digital assets this year. While Bitcoin and Ethereum dominate the ETF spotlight,… pic.twitter.com/2LnEHP9x8D
— DUKEMAN FX 🇬🇭 (@CollinsDukeman) September 29, 2025
Market Prices React to SEC Decision
The market reacted quickly to the news. XRP is up 4% to $2.90 in 24 hours, Solana is up 3% to $210 on increased trading volume. Hedera is up 2% to $0.2152 with volumes indicating increased interest from investors.
The overall sentiment is that traders see this as a big step towards mainstream acceptance of crypto ETFs. By aligning altcoin products with existing listing standards the SEC is offering clearer pathways for institutional participation and retail access.October to come.
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