The U.S. Securities and Exchange Commission (SEC) recently announced a delay in its approval decisions for several Crypto Assets ETF applications. This decision involves several closely watched Crypto Assets products, including Bitcoin, Ethereum, Litecoin, and Ripple.

According to reports, the SEC has extended the approval deadline for the Bitcoin and Ethereum ETF application from Trump's social platform, Truth Social, to October 8. At the same time, the approval decisions for CoinShares' Litecoin and Ripple ETFs, as well as 21Shares' Ripple ETF and other products, have also been postponed to late October.

The SEC stated in official documents that the extension of the review period is to more comprehensively evaluate these proposals and related issues. This move is seen as a routine operation by the SEC in the approval process of Crypto Assets ETFs, reflecting the regulator's cautious attitude towards emerging financial products.

The cryptocurrency market reacted calmly to this news, with the prices of major cryptocurrencies such as Ethereum and Solana showing no significant fluctuations. However, this decision will undoubtedly delay the launch of cryptocurrency ETFs in the mainstream financial market in the United States.

Analysts point out that the SEC's cautious stance reflects the challenges regulators face in balancing financial innovation with investor protection. As the crypto assets market continues to evolve, how to establish an appropriate regulatory framework will become an important topic in financial regulation for the foreseeable future.