{"id":42823,"date":"2025-08-18T23:46:51","date_gmt":"2025-08-18T23:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42823"},"modified":"2025-08-18T23:46:51","modified_gmt":"2025-08-18T23:46:51","slug":"deja-vu-sec-kicks-solana-xrp-truth-social-crypto-etfs-into-long-grass","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42823","title":{"rendered":"Deja Vu? SEC Kicks Solana, XRP, Truth Social Crypto ETFs Into Long Grass"},"content":{"rendered":"<div>\n<p>The U.S. Securities and Exchange Commission (SEC) has once again kicked key crypto ETF applications into the long grass, delaying a slate of high-profile filings until October \u2013 in a deja vu moment for SEC crypto timelines.<\/p>\n<p>In <a class=\"general-link\" href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/nysearca\/2025\/34-103728.pdf\" target=\"_blank\" rel=\"noopener nofollow\">notices filed August 18<\/a>, the regulator extended review deadlines for NYSE Arca\u2019s Truth Social Bitcoin-Ethereum ETF to October 8, for 21Shares\u2019 and Bitwise\u2019s Solana funds to October 16, and for the 21Shares Core XRP Trust to October 19.<\/p>\n<h2><strong>Are Political Fears Holding Back Trump\u2019s Crypto ETF?<\/strong><\/h2>\n<p>The Truth Social ETF, submitted in June and backed by Trump Media\u2019s platform, is structured as a commodity-based trust holding BTC and ETH directly.<\/p>\n<p>While it mirrors the mechanics of approved spot ETFs, <a class=\"general-link\" href=\"https:\/\/cointelegraph.com\/news\/sec-pushes-back-decisions-truth-social-solana-xrp-crypto-etfs\" target=\"_blank\" rel=\"noopener nofollow\">political optics<\/a> have drawn scrutiny. Watchdogs, including Accountable.US, argue that Trump\u2019s deep ties to crypto ventures could undermine confidence in the SEC if the fund proceeds.<\/p>\n<p>Solana\u2019s applications, lodged by 21Shares and Bitwise <a class=\"general-link\" href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/cboebzx\/2025\/34-103732.pdf\" target=\"_blank\" rel=\"noopener nofollow\">through Cboe BZX<\/a>, would mark the first U.S. spot Solana ETFs.<\/p>\n<p>The products are designed to provide institutional exposure to SOL without custody risk, a critical step as Solana\u2019s market cap pushes past $80Bn and institutional demand builds.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><strong>XRP Trust Filings Are Also Hitting SEC Crypto Delays<\/strong><\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">U.S. SEC DELAYS COINSHARES AND 21SHARES <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$XRP<\/a> ETFS<\/p>\n<p>\u2014 The Wolf Of All Streets (@scottmelker) <a href=\"https:\/\/twitter.com\/scottmelker\/status\/1957551206793986260?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 18, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>XRP\u2019s trust filing, first lodged in February, was <a class=\"general-link\" href=\"https:\/\/financefeeds.com\/sec-delays-decision-on-truth-socials-bitcoin-and-ethereum-etf-until-october\/\" target=\"_blank\" rel=\"noopener nofollow\">also pushed back<\/a> despite already nearing its 180-day deadline, as was the Coinshares Litecoin ETF filing.<\/p>\n<p>These delays are consistent with the SEC\u2019s standard playbook: exhausting every extension period before a final ruling.<\/p>\n<p>Bloomberg ETF analyst James Seyffart has noted that the agency \u201calmost always\u201d runs down the clock on 19b-4 filings. October is now stacked with final decision dates across altcoin ETFs, from Litecoin to Dogecoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The SEC has announced a delay for <a href=\"https:\/\/twitter.com\/CoinSharesCo?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@CoinSharesCo<\/a>\u2019s Litecoin ETF, setting a new deadline of Oct 23rd, 2025 for the decision. <a href=\"https:\/\/t.co\/2hd9X1SDis\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/2hd9X1SDis<\/a> <a href=\"https:\/\/t.co\/XmZmU3S7BQ\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/XmZmU3S7BQ<\/a><\/p>\n<p>\u2014 Litecoin Foundation <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@LTCFoundation) <a href=\"https:\/\/twitter.com\/LTCFoundation\/status\/1957491182524854519?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 18, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The extensions occur against a backdrop of accelerating flows into spot BTC and ETH ETFs, which drew a combined $3.75Bn in net inflows last week.<\/p>\n<p>BlackRock\u2019s iShares Bitcoin Trust alone controls more than $87Bn in AUM. By contrast, altcoin products remain in limbo, their fate hinged on an SEC still reluctant to extend legitimacy beyond Bitcoin and Ethereum.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in August 2025<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/deja-vu-sec-kicks-solana-xrp-truth-social-crypto-etfs-into-long-grass\/\">Deja Vu? SEC Kicks Solana, XRP, Truth Social Crypto ETFs Into Long Grass<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has once again kicked key crypto ETF applications into the long grass, delaying a slate of high-profile filings until October \u2013 in a deja vu moment for SEC crypto timelines. In notices filed August 18, the regulator extended review deadlines for NYSE Arca\u2019s Truth Social Bitcoin-Ethereum ETF to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42823","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42823"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42823\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}