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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.