SEC Delays Decisions on Multiple Crypto ETFs, Accepts Staking TRX Application

Bloomberg ETF analyst James Seyffart stated that the U.S. SEC has delayed its decisions on multiple crypto ETFs, including Bitwise and CoinShares' XRP ETF, CoinShares' LTC ETF, and Fidelity's spot Bitcoin fund restructuring application.

At the same time, the SEC has officially accepted Canary Funds' staking TRX ETF application, which is a rare positive development.