The U.S. Securities and Exchange Commission (SEC) has once again pushed back its decision on 21Shares’s proposed spot-based XRP exchange-traded fund (ETF). The delay, which follows the agency’s standard practice of collecting public feedback and analyzing data, is expected to be within the usual timeframe of up to 240 days. This marks a continuation of similar delays for other applications by Franklin Templeton Investments and Bitwise earlier this year. Notably, Bitcoin and Ethereum ETFs faced similar postponements before eventually receiving approval. 21Shares’s filing, submitted on March 11th, has been subject to the typical 70-day delay notice from the SEC, typically issued after a certain period.