SEC Delays $1.5 Trillion Giant’s XRP ETF Proposal But There’s a Silver Lining
The U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding Franklin Templeton’s ETF application tracking Ripple’s XRP token. This delay has sparked concern among investors interested in the cryptocurrency space. However, all hope is not lost. Analysts suggest that this delay could be a strategic move to better evaluate the approval criteria for such ETFs. With potential repercussions for the market, stakeholders must stay informed on future developments.