Breaking: SEC Delays Decision On CoinShares Spot XRP and Litecoin ETF



The US Securities and Alternate Fee (SEC) has continued its wave of delays on the pending crypto ETFs. This time, the Fee has postponed its determination on CoinShares Litcoin and XRP ETFs, whereas calling for feedback and rebuttals on these filings. SEC Delays CoinShares Litecoin and XRP ETFs In an SEC launch, the Fee revealed its determination to delay the approval or rejection of CoinShares XRP ETF forward of the second deadline, which comes up on Might 26. Equally, the company delayed its determination on the asset supervisor’s submitting to checklist and commerce shares of its Litecoin ETF on the Nasdaq change. The second deadline for the LTC ETF was additionally on Might 26. As an alternative of approving or denying these funds, the SEC has referred to as for extra feedback and rebuttals on these crypto ETFs. The following deadline for the Fee on these funds is August 24. It’s value mentioning… Read More at Coingape.com

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