SEC Extends Review Timeline for XRP and DOGE ETF Proposals, Seeks Public Input

The US Securities and Exchange Commission (SEC) has delayed its review of proposed cryptocurrency ETFs linked to XRP and DOGE and is soliciting public comments on these proposals. The delay impacts the 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust, which all aim to provide investors with exposure to these digital assets through ETF shares backed solely by XRP or DOGE.

The SEC clarifies that this delay doesn't indicate a leaning towards approval or rejection but is seeking public comments to better assess if the proposals meet investor protection and market integrity standards as outlined in the Exchange Act.

The decision on Bitwise’s proposal to allow staking in its Ethereum ETF has also been postponed, continuing the trend of extended timelines as the SEC reviews an increasing number of crypto-related filings.