SEC delays decision on several XRP and Solana ETF applications

The SEC has delayed decisions on multiple ETF applications for cryptocurrencies, specifically XRP, Solana, Litecoin, and Dogecoin. This decision may reflect an effort to address internal changes and criticisms regarding its pro-crypto approach.

Despite delays, the SEC recognized new applications, including those for XRP and Dogecoin, indicating a complex decision-making process. Analyst James Seyffart expressed that while the postponements are expected, they may not significantly alter approval odds in the long run.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts