The SEC has again postponed its decision on XRP and Solana ETFs, frustrating investors awaiting approval. The new deadline is now set for May. #xrp

The U.S. Securities and Exchange Commission (SEC) has extended the review period for cryptocurrency ETFs, including the Grayscale XRP ETF and the Cboe Solana ETF. The decision, released on March 11, reinforces the agency’s cautious stance in the face of market volatility and regulatory concerns.

The next deadlines are set for May, but the SEC could extend the review until October, following the pattern of extensions applied to other crypto ETFs, such as Dogecoin, Litecoin and Cardano.

The decision has generated mixed reactions. While some analysts see the delay as part of the normal process, others interpret it as a sign of insecurity from the regulator.

Bloomberg analyst James Seyffart noted that such delays are common and do not reduce the chances of approval in the future. He stressed that the SEC still has until October to make a final decision.#MarketRebound #FlatPPI $ADA