SEC Delays Decisions on Ether and XRP ETFs as Expected

SEC Delays Decisions on Ether and XRP ETFs as Expected

Decisions on two well-known cryptocurrency exchange-traded fund (ETF) proposals have been delayed by the U.S. Securities and Exchange Commission (SEC): Bitwise's request to add Ether staking to its ETF and Grayscale's attempt to introduce an XRP ETF. The agency's standard procedure for managing intricate regulatory files related to cryptocurrency is reflected in the delays, as anticipated by market watchers. Citing the need for additiona...

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