SEC postpones its decision on the WisdomTree spot $XRP ETF

The SEC has postponed its decision on WisdomTree's spot XRP ETF application. This delay is part of a broader pattern of the SEC taking additional time to review various XRP ETF proposals, including those from Grayscale, Bitwise, CoinShares, and 21Shares. The SEC has extended its decision on the 21Shares Core XRP Trust from the original deadline of August 20, adding 60 days, setting a new deadline for October 19. This indicates a cautious approach from the SEC, which is likely evaluating the implications and risks associated with these ETFs.