The U.S. Securities and Exchange Commission (SEC) has recently delayed the approval decisions for a series of Crypto Assets-related products. Among them, the approval deadlines for the highly followed social media platform Truth Social and several Bitcoin and Ethereum ETFs have been postponed to October 8.

Meanwhile, the SEC has also delayed the approval of several Crypto Assets ETFs as usual. These products include CoinShares' Litecoin ETF and Ripple ETF, as well as 21Shares' Core Ripple ETF. In addition, trust products related to Ripple and 21Shares' Core Ethereum ETF staking proposal have also failed to receive approval on schedule.

This series of latency decisions reflects the regulatory agencies' cautious attitude in the face of the rapidly evolving crypto assets market. Although the industry has high hopes for the launch of these products, the SEC seems to be weighing their potential risks and regulatory challenges.

This repeated latency practice has triggered different reactions from market participants. Some believe it is the regulators trying to adapt to the challenges brought by new technologies, while others worry that excessive caution may hinder innovation.

As the new deadline on October 8 approaches, the market will closely follow the SEC's next steps. Regardless of the final outcome, these decisions will have a significant impact on the future development of the Crypto Assets market.