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The SEC has postponed its decision on the XRP and Litecoin Spot ETF and has officially accepted the TRX stake ETF application.
On May 23, Bloomberg ETF analyst James Seyffart stated that the SEC decided today to postpone the decision on the XRP Spot ETFs from Bitwise and CoinShares, as well as the Litecoin Spot ETF from CoinShares, and to delay the decision on the physical Bitcoin redemption from Fidelity FBTC, but formally accepted the TRX stake ETF application submitted by Canary Capital.