The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on several cryptocurrency trust fund proposals. According to BlockBeats, the SEC’s postponement follows submissions by 21Shares for XRP trust funds and Grayscale’s proposals for Dogecoin and Ethereum trusts. The SEC cited legal and policy concerns regarding these proposals as the reason for the delay, emphasizing that this does not signify any conclusions reached at this stage. The agency also postponed its decision on Bitwise’s Ethereum ETF proposal, which involves staking. 21Shares has filed an application for a USD coin-backed XRP Trust Fund and Grayscale requested approval for an ETF focused on DOGE. James Seyffart, an ETF analyst at Bloomberg Intelligence, noted that the SEC is likely to take full review period for these proposals. The earliest possible approval could come as late June or early July, though it’s more realistic to expect it in the early fourth quarter of 2023.