News View Non-AMP

U.S. SEC Delays Decision-Making on More Crypto ETFs Led by XRP and Litecoin

Published by
Steve Muchoki

The United States Securities and Exchange Commission (SEC) opted to delay the decision-making on several crypto spot ETFs on Thursday. The agency announced instituting proceedings to collect views from the public on whether to approve or disapprove the proposed rule change to list and trade several crypto spot ETFs on different exchanges.

The delays by the U.S. SEC on Thursday, May 22 included the Bitwise XRP ETF, CoinShares XRP ETF, CoinShares Litecoin ETF, Fidelity Wise Origin Bitcoin Fund, and the Fidelity Ethereum Fund to permit in-kind trading. Meanwhile, the U.S. acknowledged the filing of Canary Staked TRX ETF. 

According to James Seyffart, the U.S. SEC will likely continue with delays in decision making on crypto ETFs possibly until the fourth quarter of this year.

“If we’re gonna see early approvals from the SEC on any of these assets, I wouldn’t expect to see them until late June or early July at the absolute earliest. More likely to be in early 4Q,” Seyffart noted.

Market Impact on SEC’s Indecisiveness on Crypto ETFs

The continued delay by the SEC on approving it disapproving the crypto ETFs will likely have an impact on the capital inflows from institutional investors. Furthermore, the low demand for the U.S. securities and bond market has played a crucial role in the cash inflows to crypto investment products led by the ETFs.

Nevertheless, the improved crypto regulatory outlook as depicted by the GENIUS Act in the United States will help attract more institutional investors in the digital asset space ahead. On Thursday, the U.S. President attended the TRUMP memecoin dinner, where he reiterated that his administration will continue to make the country a crypto hub.

Steve Muchoki

Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

Recent Posts

Polygon (MATIC) Price Prediction 2025, 2026 – 2030: Will MATIC Price Surge to $1?

Story Highlights The live price of the Polygon coin is . The MATIC price could…

July 4, 2025

Did SEC’s Closed-Door Meeting Mark the End of XRP Lawsuit? Judge Torres Steps Aside

Ripple vs. SEC case saw renewed speculations after the SEC’s closed-door meeting yesterday. Posts on…

July 4, 2025

Trading Activity Surges While SEI Price Drops Sharply—Are Investors Turning Bearish on the SEI price rally?

SEI, the native token of the Sei blockchain, has recently witnessed a paradoxical market trend:…

July 4, 2025

BlackRock IBIT Dominates ETF Market, Is Bitcoin Price Heading to $120K?

The Bitcoin price isn’t just holding its ground, infact it is marching forward with the…

July 4, 2025

Bitcoin Price to Surge 40% in Next 7 Days? Trump’s Big Beautiful Bill May Be the Trigger

Bitcoin price prediction turns bullish as Trump prepares to sign massive spending bill. Crypto Rover…

July 4, 2025

Solana, Dogecoin, XRP ETF Filed – Will This Spark the Next Altcoin Season?

If you thought Bitcoin and Ethereum ETFs were big, just wait—altcoin ETFs could take things…

July 4, 2025