# SEC Delays Decision on Multiple Crypto-Asset ETFs to October ▴ News

**Published:** 2025-08-19
**Categories:** News

---

The Securities and Exchange Commission’s deferral of rulings on several crypto-asset [exchange-traded funds](https://prime.greeks.live/area/exchange-traded-funds/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) represents a deliberate modulation of market structure evolution. This coordinated delay for products linked to Solana, XRP, and a Bitcoin-Ether hybrid vehicle signals a systemic approach to risk evaluation for assets beyond the established Bitcoin and Ether frameworks. The primary system affected is the [institutional adoption](https://prime.greeks.live/area/institutional-adoption/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) pathway; by extending the review period, the SEC is managing the pace at which these newer, more complex assets are integrated into the regulated financial architecture.

The immediate consequence is a temporary consolidation of investor capital within existing approved products, primarily spot Bitcoin and Ether ETFs, reinforcing the market dominance of established issuers like BlackRock. This action maintains a controlled environment for price discovery and liquidity formation, preventing the rapid fragmentation of capital across a wider, less understood set of digital assets.

The SEC’s postponement of ETF decisions imposes a structured, sequential onboarding process for new crypto-assets into the institutional framework, ensuring that market infrastructure and regulatory comprehension scale in unison.

- 
**New Decision Deadline 1** ▴ October 8 for Truth Social Bitcoin and Ethereum ETF

- 
**New Decision Deadline 2** ▴ October 16 for 21Shares’ and Bitwise’s Solana ETFs

- 
**New Decision Deadline 3** ▴ October 19 for the 21Shares Core XRP Trust

Signal Acquired from ▴ <a href="https://cointelegraph.com/news/sec-pushes-back-decisions-on-truth-social-solana-xrp-crypto-etfs?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" target="_blank" rel="nofollow">
Cointelegraph
</a>

![Central axis with angular, teal forms, radiating transparent lines. Abstractly represents an institutional grade Prime RFQ execution engine for digital asset derivatives, processing aggregated inquiries via RFQ protocols, ensuring high-fidelity execution and price discovery](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-high-fidelity-execution-market-microstructure-price-discovery-volatility-surface-analytics.jpg)

![Abstract geometric planes delineate distinct institutional digital asset derivatives liquidity pools. Stark contrast signifies market microstructure shift via advanced RFQ protocols, ensuring high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-execution-protocol-integrating-rfq-liquidity-and-advanced-market-microstructure.jpg)

## Glossary

<a href="https://prime.greeks.live/area/institutional-adoption/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Central institutional Prime RFQ, a segmented sphere, anchors digital asset derivatives liquidity. Intersecting beams signify high-fidelity RFQ protocols for multi-leg spread execution, price discovery, and counterparty risk mitigation](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-cross-asset-rfq-execution-hub.jpg)

## Institutional Adoption

Meaning ▴ Institutional Adoption signifies the structured integration of digital asset products, services, and underlying blockchain technologies into the established operational frameworks, investment mandates, and risk management protocols of regulated financial entities. </a><a href="https://prime.greeks.live/area/exchange-traded-funds/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A central glowing teal mechanism, an RFQ engine core, integrates two distinct pipelines, representing diverse liquidity pools for institutional digital asset derivatives. This visualizes high-fidelity execution within market microstructure, enabling atomic settlement and price discovery for Bitcoin options and Ethereum futures via private quotation](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-engine-microstructure-3.jpg)

## Exchange-Traded Funds

Meaning ▴ Exchange-Traded Funds represent a class of marketable securities designed to track a specific index, commodity, bond, or a curated basket of assets. </a>

**Tags:** [Regulatory Oversight](https://options.greeks.live/area/regulatory-oversight/), [Risk Evaluation](https://options.greeks.live/area/risk-evaluation/), [Exchange-Traded Funds](https://options.greeks.live/area/exchange-traded-funds/), [Asset Management](https://options.greeks.live/area/asset-management/), [Institutional Adoption](https://options.greeks.live/area/institutional-adoption/), [Price Performance](https://options.greeks.live/area/price-performance/)	

## Discover More

- 
### [Ethereum ETFs Attract Record Single-Day Capital Inflow](https://options.greeks.live/news/ethereum-etfs-attract-record-single-day-capital-inflow/)
![An intricate, transparent cylindrical system depicts a sophisticated RFQ protocol for digital asset derivatives. Internal glowing elements signify high-fidelity execution and algorithmic trading. A central angular structure represents atomic settlement and multi-leg spread capabilities, ensuring best execution within institutional trading.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-protocol-architecture.jpg)

This unprecedented capital influx into Ethereum exchange-traded funds signifies a robust maturation of digital asset integration within traditional financial architectures, optimizing exposure for institutional portfolios.

- 
### [South Korea Lifts Crypto Restrictions for Venture Capital Access](https://options.greeks.live/news/south-korea-lifts-crypto-restrictions-for-venture-capital-access/)
![A transparent blue sphere, symbolizing precise Price Discovery and Implied Volatility, is central to a layered Principal's Operational Framework. This structure facilitates High-Fidelity Execution and RFQ Protocol processing across diverse Aggregated Liquidity Pools, revealing the intricate Market Microstructure of Institutional Digital Asset Derivatives.](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-execution-system-microstructure-principal-framework.jpg)

This regulatory recalibration in South Korea establishes a new operational framework, enhancing capital efficiency and fostering systemic innovation within the digital asset ecosystem.

- 
### [XRP and Dogecoin ETFs Debut with Significant Trading Volume](https://options.greeks.live/news/xrp-and-dogecoin-etfs-debut-with-significant-trading-volume/)
![A precisely balanced transparent sphere, representing an atomic settlement or digital asset derivative, rests on a blue cross-structure symbolizing a robust RFQ protocol or execution management system. This setup is anchored to a textured, curved surface, depicting underlying market microstructure or institutional-grade infrastructure, enabling high-fidelity execution, optimized price discovery, and capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-engineered-rfq-block-trade-execution-for-digital-asset-derivatives.jpg)

The robust debut of XRP and Dogecoin ETFs signifies evolving market infrastructure, offering institutional principals expanded digital asset exposure and refined risk management capabilities.

- 
### [XRP and Dogecoin ETFs Achieve Significant Debut Trading Volume](https://options.greeks.live/news/xrp-and-dogecoin-etfs-achieve-significant-debut-trading-volume/)
![Prime RFQ visualizes institutional digital asset derivatives RFQ protocol and high-fidelity execution. Glowing liquidity streams converge at intelligent routing nodes, aggregating market microstructure for atomic settlement, mitigating counterparty risk within dark liquidity.](https://options.greeks.live/wp-content/uploads/2025/08/prime-os-high-fidelity-digital-asset-derivatives-rfq-protocol.jpg)

The robust market entry of XRP and Dogecoin ETFs validates innovative regulatory pathways, enhancing institutional access to digital asset exposure.

- 
### [Bitcoin ETFs Attract Significant Capital as Gold Demand Softens](https://options.greeks.live/news/bitcoin-etfs-attract-significant-capital-as-gold-demand-softens/)
![Abstract geometric forms converge around a central RFQ protocol engine, symbolizing institutional digital asset derivatives trading. Transparent elements represent real-time market data and algorithmic execution paths, while solid panels denote principal liquidity and robust counterparty relationships. This illustrates high-fidelity execution and precise price discovery within complex market microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-core-for-high-fidelity-execution.jpg)

This capital reallocation signifies evolving institutional asset allocation strategies, enhancing digital asset market liquidity and operational resilience.

- 
### [Trump Set to Appoint Michael Selig as CFTC Chair](https://options.greeks.live/news/trump-set-to-appoint-michael-selig-as-cftc-chair/)
![Two spheres balance on a fragmented structure against split dark and light backgrounds. This models institutional digital asset derivatives RFQ protocols, depicting market microstructure, price discovery, and liquidity aggregation. It highlights high-fidelity execution and counterparty risk within a Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-price-discovery-liquidity-aggregation.jpg)

This strategic nomination signals a critical shift in derivatives oversight, requiring institutional principals to re-evaluate regulatory exposure and compliance architecture.

- 
### [Helius Secures Funding for Solana Treasury Company Launch](https://options.greeks.live/news/helius-secures-funding-for-solana-treasury-company-launch/)
![A bifurcated sphere, symbolizing institutional digital asset derivatives, reveals a luminous turquoise core. This signifies a secure RFQ protocol for high-fidelity execution and private quotation. Resting on a sophisticated Prime RFQ, it enables optimal price discovery and capital efficiency within market microstructure.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-orchestration.jpg)

This event signifies robust institutional capital deployment into specialized digital asset infrastructure, enhancing Solana's ecosystem liquidity and strategic market positioning.

- 
### [SEC Delays Decisions on Ethereum, XRP, Solana ETFs](https://options.greeks.live/news/sec-delays-decisions-on-ethereum-xrp-solana-etfs/)
![A sleek, light interface, a Principal's Prime RFQ, overlays a dark, intricate market microstructure. This represents institutional-grade digital asset derivatives trading, showcasing high-fidelity execution via RFQ protocols. It signifies optimized liquidity aggregation, algorithmic trading, and capital efficiency for block trades and multi-leg spreads.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-prime-os-execution-system.jpg)

Regulatory deferrals on key digital asset ETFs introduce systemic friction within institutional adoption frameworks.

- 
### [Japan Reforms Crypto Tax and Regulatory Framework for ETFs](https://options.greeks.live/news/japan-reforms-crypto-tax-and-regulatory-framework-for-etfs/)
![Modular institutional-grade execution system components reveal luminous green data pathways, symbolizing high-fidelity cross-asset connectivity. This depicts intricate market microstructure facilitating RFQ protocol integration for atomic settlement of digital asset derivatives within a Principal's operational framework, underpinned by a Prime RFQ intelligence layer.](https://options.greeks.live/wp-content/uploads/2025/07/modular-high-fidelity-execution-architecture-for-institutional-digital-asset-derivatives-rfq-protocol-integration-and-principals-operational-framework-optimization.jpg)

Japan's FSA proposes a pivotal regulatory and tax overhaul, fostering a robust environment for digital asset integration into the national financial architecture.

---

## Raw Schema Data

```json
{
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home",
            "item": "https://options.greeks.live"
        },
        {
            "@type": "ListItem",
            "position": 2,
            "name": "News",
            "item": "https://options.greeks.live/news/"
        },
        {
            "@type": "ListItem",
            "position": 3,
            "name": "SEC Delays Decision on Multiple Crypto-Asset ETFs to October",
            "item": "https://options.greeks.live/news/sec-delays-decision-on-multiple-crypto-asset-etfs-to-october/"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Organization",
    "@id": "https://greeks.live/#organization",
    "name": "Greeks.Live",
    "url": "https://greeks.live/",
    "description": "Greeks.live is the definitive toolkit for the professional options trader, dedicated to empowering our users with institutional-grade data, advanced analytics, and a comprehensive suite of trading tools designed to provide a decisive edge in the market. Every article and guide published under the Greeks.live name is a product of our deep commitment to data-driven analysis and our mission to support the global trading community.",
    "email": "support@greeks.live",
    "logo": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/Greeks.Live-Logo-Icon.svg"
    },
    "hasPart": [
        {
            "@type": "WebSite",
            "name": "About Us",
            "url": "https://about.greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "App Download Page",
            "url": "https://about.greeks.live/#/download/basic_trade"
        },
        {
            "@type": "WebSite",
            "name": "Newcomers' Guide",
            "url": "https://twisty-sign-c8b.notion.site/Guide-for-Greeks-live-X-Deribit-Newbies-5a08a3052822427d800af6eaf3704c8d"
        },
        {
            "@type": "WebSite",
            "name": "Knowledge Base",
            "url": "https://linktr.ee/greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "Option Terminology",
            "url": "https://greekslive.notion.site/88dfc00e7c584d4d8969b6302a79a12f?pvs=4"
        },
        {
            "@type": "WebSite",
            "name": "Terms of Service",
            "url": "https://greeks.live/#/tos"
        },
        {
            "@type": "WebSite",
            "name": "Disclaimer",
            "url": "https://greeks.live/#/disclaimer"
        }
    ],
    "sameAs": [
        "https://x.com/greekslive",
        "https://youtube.com/@greeks_live?si=-KjT0Lkw4WUCI0tD",
        "https://t.me/greekslive_notifications",
        "https://t.me/greekslive",
        "https://pinterest.com/greekslive/"
    ],
    "makesOffer": [
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "RFQ Platform",
                "url": "https://rfq.greeks.live",
                "description": "Execute institutional-grade block trades for crypto options and futures. This platform provides deep, over-the-counter (OTC) liquidity via a professional Request for Quote system.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Lending Tools",
                "url": "https://lend.greeks.live",
                "description": "Manage crypto lending and borrowing activities to earn yield or secure loans. This suite of tools helps users analyze interest rates and manage collateralized debt positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Data Lab",
                "url": "https://greeks.live/#/deribit/tools/datalab/BTC",
                "description": "Analyze historical and real-time options data with advanced metrics. This tool is designed for backtesting strategies and identifying market trends through comprehensive data visualization.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Profit & Loss Analysis (PnL)",
                "url": "https://greeks.live/#/deribit/tools/pnl_analysis",
                "description": "Track and analyze the Profit and Loss (PnL) of your options portfolio. This tool provides detailed performance metrics to help traders evaluate and refine their strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Position Visualization",
                "url": "https://greeks.live/#/deribit/tools/pv/BTC",
                "description": "Visualize complex options positions and their corresponding risk profiles. This tool generates payoff diagrams to help traders intuitively understand potential profit, loss, and exposure.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Options Calculator",
                "url": "https://greeks.live/#/deribit/tools/calculator",
                "description": "Calculate the theoretical price and risk parameters ('the Greeks') of crypto options. An essential tool for pricing new trades and analyzing the sensitivity of existing positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live Main Platform",
                "url": "https://greeks.live/",
                "description": "The central hub for the Greeks.live suite of professional cryptocurrency options and derivatives trading tools. Access analytics, manage positions, and explore the ecosystem.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Community Forum",
                "url": "https://t.greeks.live",
                "description": "Join the official Greeks.live community. Connect with other traders, share insights, and receive the latest updates directly from the team.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for Deribit",
                "url": "http://deribit.greeks.live",
                "description": "A dedicated interface for trading on the Deribit exchange. This platform leverages Greeks.live's advanced analytics and tools specifically for users of Deribit's options and futures markets.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for OKX",
                "url": "http://okx.greeks.live",
                "description": "A dedicated interface for trading on the OKX exchange. This platform integrates Greeks.live's powerful analytics with the OKX marketplace, focusing on its options and derivatives products.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "GLVS.AI Trading Platform",
                "url": "https://www.glvs.ai/",
                "description": "An AI-powered platform for automated crypto options trading. Leverage advanced algorithms and data-driven signals to develop and deploy sophisticated, hands-free trading strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "API Testnet & Sandbox",
                "url": "https://test.greeks.live",
                "description": "A dedicated testnet environment for developers to test their API integrations and automated trading strategies. This sandbox allows for full functionality testing without risking real funds.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        }
    ],
    "subOrganization": [
        {
            "@type": "Organization",
            "name": "GreeksLive HK Co., Limited",
            "email": "support@greeks.live",
            "telephone": "+852-56418949",
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "Unit 11, 27/F, K. Wah Centre, 191 Java Road",
                "addressLocality": "Hong Kong",
                "addressRegion": "North Point",
                "addressCountry": "CN",
                "postalCode": "0000"
            },
            "geo": {
                "@type": "GeoCoordinates",
                "latitude": "22.2932357",
                "longitude": "114.2022026"
            },
            "image": "https://options.greeks.live/wp-content/uploads/2025/08/Wah-Centre-Hong-Kong.jpg"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Article",
    "mainEntityOfPage": {
        "@type": "WebPage",
        "@id": "https://options.greeks.live/news/sec-delays-decision-on-multiple-crypto-asset-etfs-to-october/"
    },
    "headline": "SEC Delays Decision on Multiple Crypto-Asset ETFs to October \u25b4 News",
    "description": "Systemic market entry for diverse crypto-assets is deferred, recalibrating institutional adoption timelines and concentrating liquidity. \u25b4 News",
    "url": "https://options.greeks.live/news/sec-delays-decision-on-multiple-crypto-asset-etfs-to-october/",
    "datePublished": "2025-08-19T02:39:57+00:00",
    "dateModified": "2025-09-04T01:05:32+00:00",
    "articleSection": [
        "News"
    ],
    "author": {
        "@id": "https://greeks.live/#organization"
    },
    "publisher": {
        "@id": "https://greeks.live/#organization"
    },
    "image": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-cross-asset-rfq-execution-hub.jpg",
        "caption": "A segmented sphere represents a central institutional Prime RFQ for global digital asset derivatives. Intersecting linear structures symbolize high-fidelity RFQ protocols, enabling multi-leg spread execution and sophisticated price discovery across diverse liquidity pools. This illustrates advanced algorithmic trading, robust risk management within market microstructure, encompassing dark pool dynamics. It highlights optimal best execution, capital efficiency, and systemic risk mitigation for Bitcoin Options and Ethereum Futures."
    },
    "keywords": [
        "Asset Management",
        "Commodity-Based Trust",
        "Exchange-Traded Funds",
        "In-Kind Creations",
        "Institutional Adoption",
        "Market Liquidity",
        "Price Performance",
        "Regulatory Oversight",
        "Risk Evaluation",
        "Spot Bitcoin ETFs"
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "WebSite",
    "url": "https://options.greeks.live/",
    "potentialAction": {
        "@type": "SearchAction",
        "target": "https://options.greeks.live/?s=search_term_string",
        "query-input": "required name=search_term_string"
    }
}
```


---

**Original URL:** https://options.greeks.live/news/sec-delays-decision-on-multiple-crypto-asset-etfs-to-october/
