The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on Ether staking and XRP – related exchange – traded funds (ETFs), which is in line with analysts’ expectations.
On May 20, the SEC officially announced that it was extending the review of Bitwise’s proposal to incorporate staking into its Ether ETF by 45 days. The agency also delayed decisions on Grayscale’s XRP ETF and Bitwise’s Solana ETF. It cited the need for additional public comments and further analysis to ensure regulatory compliance.
Bloomberg ETF analyst James Seyffart said that such delays are in line with the SEC’s usual practice of handling 19 – b4 filings. He also pointed out that early decisions are rare and usually indicate unusual circumstances.
With several altcoin ETF proposals currently pending, Seyffart believes that Litecoin may have the highest chance of approval among them. Although some XRP and other ETF decisions have imminent deadlines, he predicts that any early approvals would likely occur no sooner than late June or early July. More realistically, he expects approvals to occur in the early fourth quarter of 2025.
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