SEC Delays XRP & LTC ETFs, TRX Fund Makes Progress ⏳
The U.S. Securities and Exchange Commission (SEC) has once more delayed its decision on key cryptocurrency ETF applications, further contributing to the uncertain landscape surrounding regulated digital asset products. This delay impacts major applications for ETFs linked to cryptocurrencies like XRP and Litecoin.
Amid this regulatory stagnation, progress is observed in one area—the development of a staking ETF associated with TRX, the native token of the TRON blockchain. The advancement of this fund offers a glimmer of movement in an otherwise halted regulatory environment, showcasing potential growth in crypto investment products despite prevailing challenges.
Source: thenewscrypto.com ↗
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