SEC Pushes Back on Crypto ETFs: Delaying Major Applications

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on several cryptocurrency exchange-traded fund (ETF) applications. Notably, these include proposals for XRP from 21Shares, Grayscale’s XRP Trust, Grayscale Dogecoin Trust, and Bitwise’s Ethereum Staking ETF proposal. Instead of immediate rulings, the SEC is seeking public feedback on these filings.