Citing the requirement for more public comment, the SEC has postponed judgments on CoinShares' spot XRP and Litecoin ETFs until August 24, 2025, reflecting its continuous careful approach to crypto ETF approvals. Other significant crypto ETF applications, notably Bitcoin and XRP ETFs from different companies, which were projected in Q4 2025, fit this delay.
The SEC, on the other hand, has accepted Canary Capital's filing for a staked TRX (Tron) ETF—a rare good indication in the face of widespread delays. This staked TRX ETF seeks to incorporate staking payouts into a controlled fund arrangement, possibly providing greater returns than conventional ETFs.
Early approvals for crypto ETFs are improbable before late Q2 or Q4 2025 despite this recognition as the SEC's review process is still in progress. The regulatory scene emphasizes the SEC's wary posture but implies a progressive tolerance of creative products, especially those employing staking systems.


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