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SEC Delays Decision On XRP, Litecoin, Solana, And Dogecoin ETFs

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The US Securities and Exchange Commission (SEC) has postponed decisions on multiple applications for XRP,  Litecoin (LTC), Solana (SOL) and Dogecoin (DOGE) ETFs (exchange-traded funds). The agency said in a March 11 filing  that it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed to the next stage. Bloomberg Expert Not Concerned About SEC Delay The affected ETFs include Cboe BZX Exchange’s spot Solana ETF and Grayscale’s XRP ETF filings. The SEC now has until May to reach a decision on these funds. While the SEC has declined to deliver a decision on the ETFs, Bloomberg ETF analyst James Seyffart said he “expected” the delay, calling it part of “standard procedure.” Eth staking and in-kind also delayed. Everything delayed. It's like the NYC-bound Amtrak on monday morning: "Mechanical issues in DC" — Eric Balchunas (@EricBalchunas) March 11, 2025 He added t...

Celsius founder Alex Mashinsky wants to delay fraud sentencing

Former Celsius CEO Alex Mashinsky is attempting to delay his court sentencing by one month in order to give his legal team time to “review government submissions for accuracy.” Inner City Press shared a letter from Mashinksy’s legal counsel on Wednesday that requests his sentencing be moved from April 8 to May 8. His counsel wrote, “The defense wants to ensure that it has sufficient time to prepare a sentencing submission that accurately presents Mr. Mashinsky’s views on his offense conduct.” Crypto in the court: Now Alex Mashinsky of Celsius who pled guilty asks to delay his sentencing for a month, from April 8 to May 8, 2025 – US Attorney's Office does not (for now) consent. Crypto Death Spiral: Could a Luna Rise Again book: https://t.co/AFZqhdQLlV https://t.co/2L5GN5Gy5z pic.twitter.com/QEwsYiAjXW — Inner City Press (@innercitypress) February 6, 2025 Read more: The Mashinskys used Celsius to promote Strong blockchain — and it still faile...