SEC Delays XRP ETF Decision, But Hope Remains High Amidst Market Optimism

The US Securities and Exchange Commission (SEC) has once again pushed back its decision on the spot XRP ETF application from 21Shares. However, this delay doesn’t seem to be causing major market jitters as it aligns with the SEC’s standard review process. This continued scrutiny is necessary for a thorough evaluation of the market, and it typically takes up to 240 days for the commission to approve or deny new ETFs, including those for Bitcoin and Ethereum.