SEC Kicks Avalanche and Cardano ETF Decisions Down the Road

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SEC Kicks Avalanche and Cardano ETF Decisions Down the Road—Again

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2025-05-29 07:01:59

SEC delays Grayscale’s Avalanche and Cardano ETF decisions to July

Regulators hit snooze on Grayscale’s crypto ETF ambitions—because why make decisions today when you can delay until July?

Another day, another deferral. The SEC—never one to rush into things—punted its verdict on Grayscale’s proposed Avalanche (AVAX) and Cardano (ADA) ETFs, pushing the deadline to mid-summer. Because clearly, the market needs more uncertainty like it needs another meme coin.

Wall Street’s favorite pastime? Keeping crypto in purgatory while pretending to ’protect investors.’ Meanwhile, traders are left guessing whether these altcoins will ever get the institutional stamp of approval—or if the SEC’s just playing regulatory whack-a-mole.

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