SEC Delays Ethereum and XRP ETF Decisions by 45 Days, Pushes Back Review Timeline

The Securities and Exchange Commission (SEC) has pushed back its decisions on both Bitwise’s Ethereum staking ETF application and Grayscale’s XRP tracking ETF, extending the review process. This follows a pattern consistent with typical SEC timelines for crypto investment products. 45-day extensions have been granted to consider rule changes and address issues raised in these applications. Industry analysts anticipate final decisions on various products, including Litecoin ETFs, around October.