A fresh delay in the SEC’s decision on CoinShares’ proposed spot XRP ETF has left investors on edge, with many now focusing on a possible approval in July. The Commission’s pause follows a 240-day review process initiated after CoinShares initially submitted its S-1 filing in January to list the ETF on Nasdaq. While delays aren’t uncommon for SEC decisions concerning crypto-based financial services, this latest setback pushes the decision closer to December. An approval before July could ignite investor excitement, with many anticipating a major breakthrough. 240-day timeline for the review process has already begun, and though the SEC hasn’t explicitly acted on the proposal, it indicates a potential resolution in late summer or early fall.