SEC delays verdict for ETF Polkadot proposed by 21Shares

As expected, the Sec postponed the verdict for the ETF 21Shares polkadot, claiming that it requires more time to properly consider the proposal presented.

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• The American regulator extended its deadline to approve the ETF Polkadot proposed by 21Shares.
• Other requests, such as XRP and Solana, They also face similar delays.
• Analysts maintain optimism and foresee high probabilities of approval for several cryptocurrency ETF.

The US stock and values ​​commission. UU. (SEC) delayed its official verdict for the request of a contribution quoted in the stock market (ETF) of Polkadot in cash, proposed by 21Shares To quote in Nasdaq.

Delay for him ETF Polkadot of 21Shares

As usual, the decision of the Sec He came to place in a statement published on his website, reviewed by various media, in which he alleges that he requires more time to properly analyze and study the request for 21Shares.

As with other products, the Sec He presented the same allegation he has also given to other products whose verdicts were also postponed until his last term. At the moment, the vast majority of ETF applications and cryptocurrency -based products wait by final decision, which should occur in the coming months.

Let’s keep in mind that an ETF Polkadot The cash allows institutional investors to have exposure to the behavior of the digital currency without its direct custody. Instead, those interested acquire actions that replicate their price in the market, while the administrator keeps the equivalent in reserve in reserve DOT through a duly accredited custody service.

Those of Solarium They have more possibilities

The postponement of this product occurs just days after it was reported that the Sec asked ETF emitters Solarium The update of its forms S-1, A key step that usually indicates that approval could be closer. Therefore, the latter seem more chance of arriving in the short term

At the time, Eric Balchunas, analyst of Bloomberg, claimed that the approval of an ETF Solarium It could be completed within two to four months, so at the latest, these products could reach the market in October of this year. To this is added the recent list of the product of Vaneck jan DTCCwhich many qualify as a prelude to a positive verdict.

Both balchunas and their partner, James Seyffart, recently said that ETFs based on Altcoins now have a 90% possible approval by the Sec, Seeing some products an even higher percentage in the light of recent events.

It should be noted that 21Shares has worked together with Ark Invest, achieving the approval of an ETF Bitcoin Earlier this year.

The Switzerland has been one of the most active in 2025 in terms of ETF crypto applications.

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

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