XRP ETPs and Crypto ETFs to See Delays This Summer: Bloomberg Analyst
According to Bloomberg ETF analyst James Seyffart, the U.S. Securities and Exchange Commission (SEC) is expected to delay its decisions on approving spot cryptocurrency exchange-traded funds (ETFs).
In a recent post on X, Seyffart wrote that even though many XRP exchange-traded products (ETPs) have deadlines within the next few days, approvals for these and other crypto ETFs aren’t likely to happen until late June or early July.