The U.S. Securities and Exchange Commission (SEC) has pushed back its decisions on several high-profile cryptocurrency exchange-traded fund (ETF) proposals, including Bitwise’s bid to incorporate Ether staking and Grayscale’s plan for an XRP ETF. These delays, announced on May 20th, follow the SEC’s usual practice of utilizing full review timelines for applications. The agency extended its review of Bitwise’s application by 45 days, citing the need for more time to analyze proposed rule changes and related issues. A decision is expected on May 22nd. Furthermore, the SEC began formal proceedings to gather public input and conduct deeper analysis on Grayscale’s XRP ETF and Bitwise’s Solana ETF, signaling a thorough review process to determine if these products meet regulatory requirements. ]