SEC Acknowledges Staked TRX ETF Filing, Delays Others

Yesterday, the SEC acknowledged Cboe’s 19b-4 filing for Canary Capital’s staked Tron (TRX) ETF, while delaying decisions on several other crypto ETFs, including spot XRP ETFs from Bitwise and CoinShares, a spot Litecoin ETF from CoinShares, and Fidelity’s in-kind Bitcoin ETF.

Analyst James Seyffart noted that despite a less hostile SEC under Trump, early approvals are unlikely, with most decisions expected in Q4.

Source: The Block