SEC Postpones XRP and Dogecoin ETF Decisions, Seeks Public Opinion

The U.S. Securities and Exchange Commission (SEC) has deferred decisions on ETF proposals for XRP and Dogecoin, opting to gather public input. Specifically, they seek comments on the 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust. This delay, according to the SEC, is due to the intricate legal and policy issues involved, without indicating the Commission's stance. Similar postponed decisions affect Bitwise's Ethereum ETF related to staking. The SEC's cautious approach to crypto ETFs continues, with likely decisions expected by late June or early July, according to Bloomberg analyst James Seyffart. He also noted that early decisions would be unusual, as final deadlines are typically in October. The Block, an independent news outlet, emphasizes its independent operation despite financial ties to Ventures firms. This article is informational only.