SEC Delays Decision on Nine Crypto ETFs—October Deadline Looms as Market Holds Its Breath

The SEC just hit snooze on nine crypto ETF applications—kicking the can to October while traders chew their nails.

Wall Street's favorite procrastinators are at it again. The Securities and Exchange Commission—never known for its lightning-fast decision-making—has extended its review period for nearly a dozen spot crypto ETF filings. No surprises here: regulators still can't decide if digital assets deserve a seat at the big kids' table.

Meanwhile, crypto markets keep grinding. Bitcoin's up 12% since last quarter despite the SEC's trademark foot-dragging. Institutional money's already circling—BlackRock's been quietly accumulating BTC like a squirrel preparing for winter.

Here's the kicker: these delays aren't technical. They're political. With midterms approaching, nobody in Washington wants to be the guy who greenlit the next crypto crash. Never mind that traditional finance has blown up more wealth than Bitcoin ever could.

Mark your calendars for October. That's when the SEC either finally grows a spine... or requests another extension. Place your bets now.