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Breaking: SEC Delays Decision On CoinShares Spot XRP and Litecoin ETF

  • The U.S. Regulatory agency responsible for securities oversight has postponed its ruling on the proposed exchange-traded funds for XRP by 21Shares and Dogecoin by Grayscale, with the decision now expected no earlier than May 2025.
  • The delay follows the SEC’s cautious approach and need for further review to ensure these altcoin ETFs meet rules designed to prevent fraud and protect investors.
  • Over 70 ETF applications for cryptocurrencies including XRP, Dogecoin, Solana, and Litecoin await SEC rulings amid growing investor interest and regulatory scrutiny.
  • On May 20, 2025, Bloomberg analyst James Seyffart described the delays as standard procedure and suggested that approval is unlikely before late June or early July, with a greater chance of occurring sometime in the early part of the fourth quarter.
  • The postponements extend investor waiting times but keep prospects open for altcoin ETF approvals, forecasting potential decisions in late 2025 or early 2026.
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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide broke the news in on Wednesday, May 21, 2025.
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