As it became known, the regulator postponed four applications until October 2019 (Wilshire Phoenix, VanEck, Bitwise, SolidX). In addition, the application of the owners of the Gemini site of the Winklevoss brothers was rejected by SEC employees.
It is worth noting that SEC employees treat the cryptocurrency industry with great caution. Recall that earlier the head of the Securities and Exchange Commission Jay Clayton said that it is extremely unlikely that they will approve Bitcoin-ETF in the near future. The thing is that investors in the industry are practically not protected, and there are a lot of manipulations and thefts on cryptocurrency exchanges.