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The SEC Delays Decision on XRP and Litecoin Spot ETFs, Formally Accepts TRX Staking ETF Application

2025-05-23 08:59

BlockBeats News, May 23, Bloomberg ETF analyst James Seyffart stated that the U.S. SEC today decided to extend the deadline for making a decision on Bitwise and CoinShares' XRP spot ETFs, as well as CoinShares' Litecoin spot ETF, and to extend the deadline for making a decision on Fidelity's FBTC physical Bitcoin redemption, but formally accepted the TRX staking ETF application submitted by Canary Capital.

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