The SEC has delayed its decisions on CoinShares’ proposed $XRP and Litecoin ETFs, pushing reviews past the original May 26 deadline and likely into Q4 2025. Analysts had expected approvals by June, but the postponement has adjusted expectations. Despite these delays, the SEC acknowledged a new TRX staking ETF by Canary Capital marking a positive sign for crypto fans hoping to see innovation in ETF offerings, especially those with staking features.
Bloomberg analyst James Seyffart noted similar delays for other products, including Fidelity’s Bitcoin ETF and five $SOL ETF filings. While #Bitcoin has already seen major success surging past $109,000 partly due to BlackRock’s ETF attention is now shifting toward XRP, #Litecoin and Solana. Analysts believe that ETF approvals for these tokens could significantly boost their prices, with projections placing XRP above $2.50 upon approval.
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