Odaily reported that the U.S. Securities and Exchange Commission (SEC) on Tuesday delayed decisions on applications for several spot ETFs, including , (), () and (). Bloomberg ETF analyst James Seyffart said the SEC is unlikely to approve or reject these applications before the confirmation of SEC Chair nominee Paul Atkins, who was appointed by former President Trump. Seyffart noted that while Trump has nominated Atkins to lead the SEC, a confirmation hearing has not yet been scheduled. Additionally, spot and ETFs took years to be approved, as the SEC previously considered the maturity of the futures market for the underlying assets as an important approval criterion, which the pending ETF applications have not yet met. However, analysts believe there is still over a 65% probability that some ETFs could be approved by the end of this year, though the final outcome will depend on the confirmation and policy direction of the new SEC Chair.