The US Securities and Exchange Commission (SEC) has delayed its decisions on applications to launch a series of ETFs from asset management giants BlackRock and Franklin Templeton.
In documents published on Wednesday, the regulator announced that it needs more time to review the proposals.
Franklin Templeton's application for an Ethereum staking ETF now has a new deadline of November 13, while its proposals for Solana and XRP ETFs have been postponed until November 14.
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Another proposal to allow staking in BlackRock's iShares Ethereum Trust has been delayed until October 30.
The SEC is using the maximum extension period available under its rules.
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The delays come amid a significant shift in the SEC's approach to digital assets under the new presidential administration.