Breaking: US SEC Delays Decision On Grayscale Avalanche & Cardano ETFs

US SEC has postponed decisions on Cardano and Avalanche Grayscale spot exchange-traded fund (ETF) application from 29th May to 13th July. The absolute duration and date of final ruling remains same i.e. 240 days and 22nd Oct. 2025 respectively. Final Verdict on Cardano And Avalanche Spot ETF Moved to 13th July According to an SEC release, the Commission confirmed its decision to push back its decision on Grayscale’s Avalanche and Cardano ETFs. Per the release, the SEC is opting to delay Grayscale’s attempt to convert its Avalanche Trust into a spot ETF review. As reported by Coingape earlier, the SEC acknowledged the Grayscale Cardano Spot ETF on 24th Feb. 2025.                                                      Source: ChatGpt, SEC delays Cardano and Avalanche Spot ETF to 13th July On the… Read More at Coingape.com

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