SEC Delays Decision on XRP ETFs, Expects October Resolution

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on spot XRP Exchange-Traded Fund (ETF) applications submitted by Bitwise, CoinShares, and 21Shares. This delay comes as part of a broader regulatory process for ETF product approvals in the United States. The SEC’s official statement indicates that the final decision is expected to be made until October. This move highlights the ongoing challenges related to ETF approvals for cryptocurrency products.