SEC delays XRP and Litecoin ETF decisions beyond May 26.
TRX staking ETF acknowledged, hinting at possible innovation approval.
ETF approvals unlikely before Q4, says top market analyst.
The U.S. Securities and Exchange Commission (SEC) has again postponed its decision-making on several major crypto ETF applications, adding further uncertainty to the future of regulated digital asset products. But even in the midst of regulatory freeze, there is one product, a staking ETF tied to TRX (TRON) that is progressing.
This combination of setbacks and limited progress provides a snapshot of the SEC’s conservative but dynamic approach to the crypto ETF space.
XRP, Litecoin ETFs Under Further Scrutiny
In fresh submissions, the SEC prolonged its deadline to approve CoinShares’ XRP and Litecoin ETFs. The XRP fund, intended to track the price of XRP while holding the token and cash, will now undergo deeper regulatory scrutiny. The second review phase will run beyond the May 26 d
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