SEC Demands More Time for Altcoins: Ethereum, Solana, and XRP Decisions Postponed!
Regulatory delays strike again as the SEC pushes back decisions on major altcoin ETFs.
Wall Street's waiting game continues while crypto markets hold their breath.
Ethereum, Solana, and XRP ETFs remain in regulatory limbo—because why make timely decisions when you can collect more filing fees?
The SEC's favorite strategy: delay, defer, and collect more paperwork. Traditional finance never moves fast unless there's a bailout check to sign.
Meanwhile, investors keep stacking digital assets while bureaucrats stack paperwork.
On September 10, spot Bitcoin and ethereum ETFs reported strong inflows. According to SoSoValue, Bitcoin ETFs recorded $757.14 million in net inflows, while Ethereum ETFs added $171.54 million.
Bitcoin ETF Breakdown
Bitcoin spot ETFs saw a combined inflow of $757.14 million. Fidelity’s FBTC led with $299.98 million, followed by BlackRock’s IBIT with $211.16 million. Ark 21Shares ARKB added $145.07 million, while Bitwise BITB recorded $44.40 million. Valkyrie’s BRRR also gained $15.70 million.
Grayscale GBTC registered a smaller $8.92 million inflow, while Franklin’s EZBC brought in $3.28 million. Overall trading volume in Bitcoin ETFs reached $3.88 billion. Net assets came in at $147.83 billion, equal to 6.53% of Bitcoin’s market cap, slightly higher than the previous day.
Ethereum ETF Breakdown
Ethereum ETFs posted a total inflow of $171.54 million, led by $74.50 million from BlackRock’s ETHA. Fidelity’s FETH followed with $49.55 million. Other notable inflows included $11.07 million for VanEck’s ETHV, $8.91 million for Grayscale ETHE, and $8.36 million for Bitwise ETHW.
Additional gains were reported by Grayscale ETH ($7.73 million), 21Shares TETH ($7.12 million), and Invesco QETH ($4.31 million). Trading volume in Ethereum ETFs reached $2.28 billion, with total net assets at $27.73 billion, representing 5.31% of Ethereum’s market cap. This marks a clear rise compared to earlier sessions.
Market Context
Bitcoin is trading at $114,316, with a market capitalization above $2.27 trillion. Its daily trading volume stands at $52.92 billion. Ethereum trades at $4,421, with a market cap of $532.38 billion and a trading volume of $36.25 billion.
Both assets continue to benefit from strong institutional demand and a favorable regulatory outlook, as ETF inflows provide additional support to their long-term market presence.