SEC DELAYS XRP AND DOGE ETFS!
The US Securities and Exchange Commission (SEC) has delayed its decision on proposed spot XRP and Dogecoin ETFs, extending the review period by 60 days. This move comes amid concerns over market manipulation and clarity.
Key Details:
New Deadlines:
Bitwise's Dogecoin ETF: June 15, 2025
Franklin Templeton's XRP ETF: June 17, 2025
Final Approval Expectations:Analysts believe final ETF approvals are unlikely before Q4 2025, citing Chair Paul Atkins' internal reviews.
Projected Timeline:
Franklin Templeton Spot XRP ETF: Final decision by November 5, 2025
Franklin Templeton Spot Solana ETF: Final decision by October 7, 2025
Grayscale Spot Hedera ETF and
Bitwise Spot Dogecoin ETF: Final decision by October 8, 2025
Market Impact:
- XRP and Dogecoin trading volumes rose 15% in April, suggesting sustained interest despite regulatory hurdles.
- Bloomberg estimates a 40% chance of XRP ETF approval by year-end, noting XRP's price stability and $30 billion market cap strengthen its case .#BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days #Trump100Days $BTC $ETH $DOGE