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SEC delays decision on Polkadot ETF

  • The US Securities and Exchange Commission postponed decisions on several crypto ETF proposals, including Polkadot and Hedera, until June 11, 2025.
  • The agency cited needing sufficient time to consider proposed rule changes amid a backlog of over 70 filings.
  • These postponed decisions involve Grayscale's Polkadot Trust and Canary's Hedera ETF applications.
  • The agency stated it needed "sufficient time" to consider rule changes and issues.
  • The postponement increases uncertainty for investors and affects potential launch timelines.
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Blockchain & Cryptocurrencies Tabloid broke the news in on Thursday, April 24, 2025.
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