- SEC delays Franklin’s ETF verdicts to October and November 2025
- XRP ETF decision tied to Ripple lawsuit outcome in August
- Solana ETF stalls as SEC seeks clarity on staking and redemptions
The U.S. Securities and Exchange Commission has postponed its review period on proposed Franklin Templeton spot Solana and XRP ETFs. These delays push the deadlines of the final decisions to October and November 2025, which is much later than anticipated. The agency continues to assess the proposals based on key regulatory standards under the Securities Exchange Act.
SEC Continues to Pushback on Altcoin ETFs
The SEC evaluates compliance risks on investor protection and possible market manipulation tied to these crypto-based ETFs. Franklin Templeton must tackle several technical gaps in its applications before the agency can proceed. These include transparency, an in-kind redemption process, and risk protection.
The extension…
