SEC delays major encryption ETF decision again, could Litecoin become the biggest winner?

The latest actions by US regulators have triggered market turbulence – the highly anticipated Ethereum staking and XRP ETF approvals have once again been postponed, and the entire crypto ETF approval process has entered a long waiting period.
The regulatory authorities announced that they will extend the review period for related encryption ETF applications by 45 days to conduct a thorough assessment of potential rule changes and their impacts. At the same time, the decisions regarding the Solana tracking fund and XRP-related ETFs have also been postponed, as the regulators are widely soliciting opinions and conducting further analysis to ensure compliance.
Industry experts pointed out that this delay was anticipated, as regulatory agencies often require a long time to review such complex applications. Moreover, the final deadlines for most applications are concentrated in the autumn, and making an early decision is obviously not in line with the norm.
Despite frequent delays, the Litecoin ETF is considered the most likely to be approved first, becoming the focus of market attention. Analysts expect that even if the XRP-related ETF is approved, it will not be before late June or early July, and may even be postponed until the fourth quarter.
In addition, the approval timeline for other encryption currency ETFs such as Polkadot is also approaching, and regulators will make key decisions in mid to late June.
Behind this wave of approvals is a subtle change in the regulatory environment. After the former chairman stepped down, the regulatory attitude seems to have become more lenient, with multiple legal lawsuits against encryption companies being dismissed, and the market is cautiously optimistic about the future approval of ETFs.
Encryption investors, please get ready, the real game has just begun!
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