PANews reported on May 23 that Bloomberg ETF analyst James Seyffart wrote that the US SEC has delayed its decision on a number of crypto ETFs, including Bitwise and CoinShares' XRP ETF, CoinShares' LTC ETF, and Fidelity's spot Bitcoin fund restructuring application. At the same time, the SEC has officially accepted Canary Funds' application for a pledged TRX ETF, which is a rare positive development.