PANews reported on May 23rd that Bloomberg ETF analyst James Seyffart stated that the U.S. SEC has delayed decisions on multiple crypto ETFs, including the XRP ETF from Bitwise and CoinShares, CoinShares' LTC ETF, and Fidelity's spot Bitcoin fund structural adjustment application. At the same time, the SEC has officially accepted Canary Funds' staking TRX ETF application, which is a rare positive development.
