The U.S. Securities and Exchange Commission (SEC) has postponed its decision on two cryptocurrency exchange-traded fund (ETF) proposals, the Canary Pudgy Penguins (PENGU) ETF and the T. Rowe Price Active Crypto ETF. The SEC's notice, published in the Federal Register, indicates an extension of the review period for these ETFs, which are proposed to be listed on the Cboe BZX and NYSE Arca exchanges, respectively. This extension is part of the SEC's standard 19b-4 process, allowing up to a 45-day delay. Additionally, the SEC has opened a public comment period for a third crypto fund option, inviting feedback from stakeholders. This move reflects the SEC's cautious approach in evaluating new crypto-related financial products amid ongoing regulatory scrutiny.
SEC Extends Review Period for PENGU and T. Rowe Crypto ETFs
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