The U.S. Securities and Exchange Commission (SEC) has postponed its decision on CoinShares’ proposed spot-based exchange-traded funds for XRP and Litecoin. This news follows an official announcement indicating further public comment period before a final ruling is made. The delay underscores the ongoing regulatory challenges in crypto ETF approvals, yet remains optimistic about eventual approval based on market stability. 21Shares and Grayscale have also been under SEC scrutiny for similar ETFs, experiencing delays while awaiting SEC assessment. 3. The SEC’s decision reflects cautiousness with crypto-based ETFs, impacting asset manager planning. Market reactions remained stable despite the news. James Seyffart, a Bloomberg ETF analyst, predicts potential approval after procedural steps but expects eventual approval only when all necessary procedures are completed. Past patterns of initial delays followed by approvals for Bitcoin and Ethereum ETFs suggest a similar trajectory for XRP and Litecoin. The market anticipates SEC’s decision with many industry insiders expecting eventual approval, mirroring past trends. Increased institutional interest is expected post-approval, similar to previous market shifts in response to ETF approvals. Expert opinions and regulated futures markets support the expectation of eventual ETF approvals within the current climate. This information is for informational purposes only and should not be interpreted as financial or investment advice. Cryptocurrency investments carry inherent risks, so consult a qualified financial advisor before making any decisions.