The U.S. Securities and Exchange Commission (SEC) continues to delay its decision on spot cryptocurrency exchange-traded funds (ETFs) linked to XRP. Despite multiple filings approaching key deadlines, analysts predict a decision could be weeks or months away. Bloomberg’s ETF analyst James Seyffart suggests a late June or early July timeline for a final resolution is likely, with a more realistic outlook of potentially a fourth quarter 2023 decision. This delay has ignited concerns within the crypto industry as it contrasts with the SEC’s approval of Bitcoin and Ethereum ETFs last year. The industry had anticipated faster movement from the SEC to solidify its stance on broader cryptocurrency integration, creating uncertainty about the SEC’s willingness to embrace new crypto-based products.