The SEC has delayed decisions on proposed rule changes that would allow the trading of ETFs based on the spot prices of Hedera and Polkadot, alongside another proposal for funds tracking Bitcoin and Ethereum performance. These applications are part of 72 crypto-related ETF requests currently before the SEC. The agency must make decisions on these requests by June, with filings from major players including Canary Capital, Grayscale Investments, and Bitwise Investments. Notably, this delay comes after the successful introduction of Bitcoin and Ethereum ETFs last year, which has spurred further interest in altcoin ETFs. This year is expected to witness a surge in new crypto ETF applications as issuers aim to capitalize on rising interest in cryptocurrency investment.

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