SEC Extends Review for Polkadot, Hedera, and Bitwise Crypto ETF Proposals

• Grayscale Polkadot Trust application review now gets an extended timeline to June 11.
• The decision for the Bitwise Bitcoin ETF and Ethereum ETF has been postponed until June 10.
• The SEC has now extended review periods for multiple ETF applications, including Hedera ETF.

The U.S. Securities and Exchange Commission has extended its review periods for several cryptocurrency exchange-traded fund (ETF) applications. These include proposals for Polkadot and Hedera ETF products, as the regulatory body continues to process dozens of digital asset investment vehicles.

Polkadot, Hedera, and Bitwise Crypto ETFs Review Extended

According to regulatory filings published on April 24, 2025, the SEC has delayed its decisions on the Grayscale Polkadot Trust (DOT), Canary Capital’s Hedera (HBAR) ETF, and the Bitwise Bitcoin and Ethereum ETF. These postponements come as SEC Chairman Paul Atkins’ agency evaluates more than 70 crypto-related ETF proposals.

In its notice regarding the Bitwise Bitcoin and Ethereum ETF, the SEC stated it “finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time t…

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