Big news about cryptocurrencies! The US government group that watches over money, the SEC, is taking its time deciding if some new crypto investments, called ETFs, can be sold. This happened with popular cryptos like XRP, Solana, Litecoin and Dogecoin. It's like they're saying, 'Let's wait and see!'
- The SEC delayed its decision on several altcoin ETFs.
- This delay is considered normal by some experts.
- The final decision might not happen until October.
- This is partly because there's a new person waiting to become the head of the SEC.
Crypto | What happened |
---|---|
XRP, Solana, Litecoin, Dogecoin | ETFs delayed until May |
New SEC Chair | Confirmation still pending, affecting decisions |