SEC Delays Major XRP ETFs, Pushing Decisions to 2025

The US Securities and Exchange Commission (SEC) has announced significant delays in decisions regarding major XRP exchange-traded fund (ETF) proposals, pushing the deadlines for these applications to October 2025. This includes Grayscale’s spot Dogecoin ETF, CoinShares’ planned spot Litecoin ETF, and five additional spot XRPETFs from Grayscale, 21Shares, Bitwise, CoinShares, and Canary. Additionally, the SEC has postponed 21Shares’ plan to permit staking within its Ethereum ETFs for spot trading. The delays in these decisions have been attributed to the SEC’s extensive review of each application.