Summary
- The US SEC has announced a delay in the approval of altcoin ETFs, including Ripple (XRP).
- Seyffart, a Bloomberg analyst, stated that the applications for the Litecoin ETF and Fidelity's Bitcoin ETF have also been delayed.
- However, the TRON ETF application has been officially accepted, indicating a positive outlook.
The United States Securities and Exchange Commission (SEC) has reportedly delayed the approval of some altcoin exchange-traded funds (ETFs), including Ripple (XRP).
James Seyffart, a Bloomberg ETF analyst, stated on the 23rd (local time) via X that "the cryptocurrency ETFs whose approval has been delayed by the SEC include the XRP ETF applied for by Bitwise and CoinShares." Seyffart added, "The application for the Litecoin (LTC) ETF and Fidelity's spot Bitcoin ETF has also been delayed."
However, the application for the TRON (TRX) ETF has been accepted. Seyffart noted, "The SEC's official acceptance of Canary Capital's TRON ETF application is positive news."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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