SEC Delays Ether Staking and XRP ETF Decisions, Analysts Predict More Delays

The U.S. Securities and Exchange Commission (SEC) has pushed back its decisions regarding Bitwise’s application to list Ethereum staking on an exchange-traded fund (ETF) and Grayscale’s XRP ETF bid, as expected by analysts. The SEC now needs 45 days to review both applications. In a separate move, the SEC is delaying its decision on Grayscale’s XRP (XRP) tracking ETF and Bitwise’s Solana (SOL) tracking fund. This delay allows for further analysis of the proposals to ensure regulatory compliance before any final decisions are made.