SEC Kicks the Can Again: Litecoin ETF and CoinShares’ XRP Play Left in Regulatory Limbo
Another day, another delay—Wall Street’s favorite regulatory stall tactics strike again. The SEC has punted decisions on both a Litecoin ETF and CoinShares’ spot XRP product, leaving crypto traders to chew on uncertainty while bureaucrats drag their heels.
The Litecoin Limbo
No surprises here—the ’digital silver’ ETF gets shoved to the back of the queue. The SEC’s playbook? Delay, defer, repeat. Meanwhile, LTC holders watch traditional finance guys fumble with paperwork like it’s 1999.
XRP’s Groundhog Day
CoinShares’ spot XRP filing? Same story. The SEC’s indecision is starting to look like a strategy—keep innovators guessing while legacy finance counts its pennies. Who needs progress when you’ve got red tape?
Bottom line: The crypto market keeps moving at light speed while regulators nap at the wheel. Maybe next quarter they’ll wake up—or just hit snooze again. After all, why approve disruptive products when you can bill hours instead?
The U.S. SEC has once again pushed back its decision on new crypto ETFs. This time, it involves CoinShares’ applications for two spot ETF based on XRP and Litecoin. Originally, a decision was expected by May 26, but the commissi... Read More
