#AltcoinETFsPostponed
The United States Securities and Exchange Commission (SEC) has postponed its decision on whether to give the green light to two proposed cryptocurrency exchange-traded funds (ETFs) that contain Dogecoin and XRP, according to documents.
The U.S. regulator has delayed its deadline for deciding on the proposed ETF listings until June, according to two filings reviewed by Cointelegraph.
The filings were responses to the March requests from the U.S. exchanges NYSE Arca and Cboe BZX Exchange to include
DUX
$0.1753
the Bitwise Dogecoin ETF and the Franklin Templeton XRP ETF
XRP
$2.24,
respectively.
They arrived on the same day that Nasdaq, another U.S. exchange, requested permission to include a 21Shares Dogecoin ETF.
Dogecoin is the most traded memecoin in the world, with a market capitalization of approximately $26 billion as of April 29, according to data from CoinGecko. XRP is the native token of the XRP Ledger blockchain network. Its market capitalization is approximately $133 billion, according to data from CoinGecko.