SEC Delays Rulings on Ethereum & XRP ETFs, Opens to Public Comments

The US Securities and Exchange Commission (SEC) has delayed decisions regarding Bitwise’s Ether-staking application and Grayscale’s proposed XRP ETF, pushing back the review period by 45 days. This action has opened both applications for public comments while extending the review deadline. Analyst James Seyffart, anticipating this move, commented that the agency often takes the full allotted time under SEC regulations, stating, “No matter how crypto-friendly this SEC is, there’s no conspiracy here.” }