The President of The ETF Store: Still Believes All Crypto ETFs Delayed by the SEC Today Will Be Approved This Year

According to a report by Jinse, The ETF Store President Nate Geraci disclosed that the U.S. Securities and Exchange Commission (SEC) today delayed the approval decisions for several cryptocurrency ETF applications. The products involved include Franklin's SOL and XRP ETFs, Grayscale's HBAR ETF, Bitwise's DOGE ETF, staking schemes for Franklin and Fidelity's Ethereum ETFs, Franklin's cryptocurrency ETF, and Invesco Galaxy's Bitcoin and Ethereum ETFs with physical redemption mechanisms. Nate Geraci stated that he still believes these products will be approved within this year.