Bad news, bad news, bad news, bad news

The U.S. Securities and Exchange Commission (SEC) announced on May 20 that it has postponed the decision deadline for the XRP trust fund proposals submitted by 21Shares and Grayscale, as well as the Grayscale Dogecoin trust fund ETF proposal. At the same time, the SEC also delayed its decision on Bitwise's proposal for an Ethereum ETF that allows staking, with approvals expected as early as the end of June or early July, but more likely in early Q4.