Editor's PiCK

US SEC Delays Review of WisdomTree XRP Spot ETF

Source
JH Kim

Summary

  • The US Securities and Exchange Commission (SEC) has reportedly postponed the review of WisdomTree’s XRP spot Exchange Traded Fund (ETF).
  • The SEC did not disclose the specific reason for postponing the review.
  • It is expected that the ETF approval schedule will be delayed due to this review postponement.

According to Crypto Briefing, a media outlet specializing in virtual assets (cryptocurrencies), on the 25th (local time), the US Securities and Exchange Commission (SEC) has postponed the review of WisdomTree’s XRP spot Exchange Traded Fund (ETF).

The SEC did not specify the reason for the delay, and as a result, the ETF approval schedule is expected to be pushed back.

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JH Kim

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