🚨 SEC DELAYS ETH STAKING & XRP ETF DECISIONS—LTC MAY LEAD THE PACK! 🚨
🔹 Decision Postponed: The U.S. Securities and Exchange Commission (SEC) has extended its decision on Bitwise’s application to add staking to its Ether (ETH) exchange-traded fund (ETF) and on Grayscale’s XRP ETF bid, as anticipated by analysts.
🔹 Analyst Insight: Bloomberg ETF analyst James Seyffart noted that such delays are standard, stating the SEC “typically takes the full time to respond to a 19b-4 filing.” He added that early approvals are unlikely before late June or early July, with most final deadlines in October.
🔹 Potential Front-Runner: Seyffart mentioned that Litecoin (LTC) ETFs might have a higher likelihood of approval ahead of others, given the current regulatory climate.
💬 Your Take: Will Litecoin lead the ETF race? Drop “⚡” for LTC first or “⏳” for ETH/XRP delay & tag @FaisalCrypto007 !
🔁 Also Repost
