The US SEC has delayed its decision on the PENGU and T. Rowe crypto ETFs.

According to a report by Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has extended the decision-making deadline for two crypto-related exchange-traded funds (ETFs) and opened public comment on a third crypto fund option proposal. The SEC stated in a Federal Register notice that it will extend its consideration of proposals to allow the listing of the Canary Pudgy Penguins (PENGU) ETF on Cboe BZX and the T. Rowe Price Active Crypto ETF on NYSE Arca. Both applications follow the SEC's standard 19b-4 process, which allows the regulator to extend the initial decision window by up to 45 days.