SEC Hits Pause on XRP and Litecoin ETFs While TRX Staking Fund Advances

The US crypto ETF market faces new delays as the SEC extends reviews for major digital asset funds, signaling its measured approach to regulation. Meanwhile, incremental progress appears with the SEC’s official acknowledgment of a new TRX staking ETF, introducing cautious optimism for industry stakeholders. SEC Delays on Major Crypto ETFs In a recent SEC filing, the Commission announced it would postpone its decision on CoinShares’ proposed XRP ETF, pushing the review ahead of its second deadline on May 26. Likewise, the agency has delayed its ruling on CoinShares’ application to list and trade shares of its Litecoin ETF on the Nasdaq exchange source: https://beincrypto.com/sec-prolongs-review-of-xrp-and-ltc-etfs/