SEC Delays Decision on XRP ETF Application, Market Remains Optimistic

The U.S. Securities and Exchange Commission (SEC) has once again extended its timeline for a decision on the spot XRP ETF application from 21Shares. While regulatory delays can be concerning, this particular pause aligns with SEC practices, with the process expected to take up to 240 days for thorough review. The SEC’s methodical approach is reminiscent of past applications for Bitcoin and Ethereum ETFs, demonstrating a consistent trend in regulation rather than an anomaly. However, despite these delays, optimism remains high among investors.