The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on two significant cryptocurrency exchange-traded fund (ETF) applications: Fidelity's spot Ethereum ETF and Franklin Templeton's spot XRP ETF.
Fidelity's proposal, which includes staking features for Ethereum, is under extended review as the SEC evaluates the implications of allowing staking within a publicly traded fund. This marks a cautious approach by the SEC, considering the complexities involved in integrating staking mechanisms into regulated financial products.