Bearish, bearish, bearish, bearish
The U.S. Securities and Exchange Commission (SEC) announced on May 20 that it is delaying the decision deadline for the ETF proposals submitted by 21Shares and Grayscale for the XRP Trust and Grayscale Dogecoin Trust.
At the same time, the SEC also delayed the decision on Bitwise's proposal to allow staking for the Ethereum ETF, with approval expected as early as the end of June or early July, but more likely to appear in early Q4.
