SEC delay the new Crypto ETF from Grayscale despite the previous approval star-news.press/wp

Despite the approval of the new ETF for the new GrayScale yesterday, the Securities and Stock Exchange issued a residence on it. This prevents the product from going to the market for an unspecified period.

Prominent ETF analysts have released some competing theories to explain this delay, but these are only educated guesses. Until SEC explains its location, we are all in the dark.

The new ETF faces from Grayscale

GrayScale was a pioneer in ETF Crypto because he led EtF Bitcoin, and the company has provided many other new products since then.

Yesterday, SEC caused a sensation when it agreed to the investment funds circulating in a new basket, consisting of the leading five altcoins. However, it seems that the committee reverse This position, the confusion call:

“The committee will review the delegated procedure. According to Rule 431 (A), the order of July 1, 2025 will remain until the committee’s orders otherwise.

To be clear, this is not a complete rejection of Grayscale’s ETF. Instead, the company delays its official launch for an unlimited period. It is a frustrating situation, but this does not indicate a greater position to combat carboto from the Supreme Education Council.

Of course, the encryption community predicts why the committee changed its position in the new ETF from Grayscale. The Securities and Stock Exchange has taken a supportive position in recent months, but it has been given ETF suggestions delaying another.

However, veteran ETF analysts provided a few Theories Explain the SEC thinking process.

Bloomberg Analyst James Sevart assumption SEC does not want to run any altcoin atfs without creating a new legal framework.

There are many distinguished questions related to the judicial state of SEC and CFTC on Altcoins inside ETF from Grayscale. The committee may want to solve these issues before paying a full launch.

Moreover, he mentioned that today was the deadline of the ETF application of the Grayscale. SEC may have used this unconventional strategy as a way to push the envelope so far beyond.

Under this view, the committee did not want to reject Ramadi, so it chose to issue a wrong approval to buy time. Sevart also thought it could be a specific problem with Grayscale.

Other analysts Repeat This is the first feelings. SEC is currently formulating new standards to simplify ETF approvals, but it is not yet ready. He may want to get all the relevant details before allowing Grayscale to move ETF to the market.

Unfortunately, that’s all just speculation. Until the committee makes more guidance, it will be impossible to explain this step categorically. We hope SEC will explain its location soon, and the new ETF will reach Grayscale to the market.