Haciyev Reşit 
The U.S. Securities and Exchange Commission (SEC) has made a critical decision to postpone the long-awaited spot ETF approvals. The SEC has delayed its rulings on CoinShares’ Litecoin (LTC) and XRP spot ETF applications as well as 21Shares’ XRP spot ETF request. This development is expected to have a significant impact on market volatility.
Postponement of Spot Litecoin (LTC) and XRP ETFs
The SEC postponed CoinShares’ LTC and XRP spot ETF applications to conduct a more thorough review. The regulator emphasized investor protection and market transparency, requesting additional time for evaluation.
This delay may lead to short-term fluctuations in the ETF market and require investors to reassess their portfolio strategies. The postponement of the expected ETF approvals for popular crypto assets such as LTC and XRP is also affecting market expectations.
XRP Applications Included in the Delay
Bitwise and 21Shares’ XRP spot ETF applications were also included in the SEC’s postponement decision. This will push back the planned ETF launch dates for 21Shares and requires investors to follow official announcements closely. XRP investors should prepare for possible price movements and review their risk management strategies in light of the SEC’s delay.
Market Impact of the SEC Delay
The SEC’s postponement for leading crypto assets like Litecoin and XRP may cause increased short-term volatility. Delays in spot ETF approvals can shift investor risk perception and create temporary uncertainty in the market. Institutional investors, in particular, are carefully analyzing the timing of potential ETF market entry and its possible effects on prices.
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