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SEC Kicks the Can on Grayscale’s ADA and AVAX ETF Bids—Again

SEC Kicks the Can on Grayscale’s ADA and AVAX ETF Bids—Again

CryptotimesIO
Author:
CryptotimesIO
Release Time:
2025-05-28 16:03:15
0

SEC Delays Decision on Grayscale ADA ETF and AVAX ETF

Another day, another delay—Wall Street’s favorite pastime when it comes to crypto. The SEC has punted its decision on Grayscale’s proposed Cardano (ADA) and Avalanche (AVAX) ETFs, leaving traders to wonder if regulators will ever get off the sidelines.

No surprises here: The SEC’s playbook remains ’delay, deflect, repeat.’ Meanwhile, the crypto markets keep innovating while traditional finance plays catch-up—classic.

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