I THINK THIS IS SUCH BS! ALWAYS DELAYS AND SETBACKS!

XRP and Dogecoin ETF Dreams Paused: SEC Turns Up the Heat on Altcoin Funds

The corridors of Wall Street are buzzing—and not from the ticker tape. On the 37th floor, beneath the blue-glass spires, asset managers sharpen their pencils. Crypto’s brightest stars—XRP and Dogecoin—hover on the precipice of a new era, but a fresh wave of regulatory suspense hangs in the air.

The U.S. Securities and Exchange Commission (SEC), the nation’s financial watchdog, has once again pressed the pause button. Delays are stacking up as the SEC scrutinizes efforts from 21Shares, a Swiss powerhouse with an eye on an XRP ETF, and Grayscale, the Connecticut-based behemoth angling to bring Dogecoin to the ETF arena. This comes just days after similar holdups hit proposed funds tracking Solana. The SEC’s reasoning? “Additional analysis” is needed to ensure these funds can shield investors from fraud and market manipulation—a tall order in the crypto wild west.

These ongoing delays have fostered a climate of restless anticipation. Cboe and NYSE—the country’s financial nerve centers—have already filed for the necessary rule changes that would allow these ETFs to list. Still, the silence from regulators is deafening, as the industry waits for a green or red light.

XRP stands as the world’s fourth-largest cryptocurrency, a brainchild of Ripple’s founders—a fintech vision aiming to disrupt lumbering cross-border payments.

Dogecoin, the infamous meme-coin with a Shiba Inu mascot, ranks eighth by market cap and has cultivated a rabidly loyal community, imparting volatility and intrigue to the crypto market’s daily drama.#SECCryptoRegulation