The dry announces a new postponement of decisions concerning several ETF Crypto expected. This strategic postponement occurs in a sensitive political context, with the arrival of Paul Atkins as president of the crypto-active regulatory agency.
In short
- The SEC reports its decision on several ETF Crypto until June.
- The arrival of Paul Atkins at the head of the dry nourishes the hope of a pro-Crypto turning point.
A strategic postponement that relaunches uncertainty about Crypto ETF
Investors in cryptocurrencies awaited a quick decision. But the reality is quite different! Indeed, the dry comes from extend their examination period by 45 days concerning several ETF projects. This includes:
- The Grayscale Polkadot Trust;
- The ETF Hedera of Canary;
- Bitwise Bitcoin and Ethereum ETF.
According to the declaration of the dry, the latter will have to wait June 10 and 11, 2025 for possible validation.
The Commission considers that it is appropriate to provide for a longer period to examine the proposed change of rule.
This is a prudent, but revealing formulation internal tensions within the dry. Recall that it is now led by Paul Atkins, a figure renowned for its posture favorable to the Crypto market. He was sworn in 3 days ago, on April 22, 2025.
A heavy expectation, but a reinforced hope!
According to several Crypto experts, this postponement is not trivial. It indeed concerns major assets such as:
- Polkadot;
- Hedera;
- Bitcoin;
- Ethereum.
Upstream, we know that Stock market negotiated funds on crypto assets become a stake as much geopolitical and economic. Some observers see it as a desire for Atkins to take control of these decisions through the next round table on cryptocurrencies, scheduled for Friday.
Despite the lack of immediate validation, this postponement does not, however, sound like a refusal. On the contrary, it opens the way to Concerted decision -making In a more favorable climate than under the era people. The previous approvals of the ETF Spot on Bitcoin in January 2024 and on Ethereum in July also suggest a certain logic in the rest of the events.
While the dry delayed, the crypto market players hope for a decisive regulatory turn. June 2025 could thus mark a turning point for the future of ETF Crypto. File to follow closely!
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