According to breaking news, the SEC has postponed its decision on Coinshares spot Litecoin (LTC).
Applications for CoinShares' $XRP ETFs and the 21Shares Core $XRP ETF were similarly postponed. Furthermore, evaluations for proposals that include staking for the Canary $XRP Trust, Grayscale $XRP Trust, and the 21Shares Core Ethereum ETF were postponed until October.
The SEC filing included the following statements:
The Commission considers it appropriate to set a longer timeframe for taking action on the proposed rule change. This will allow sufficient time for consideration of the proposal and the issues raised with it.
*This is not investment advice.