The SEC has postponed its decisions on XRP and Dogecoin ETFs, seeking public input before making any announcements, potentially by July. This delay impacts institutional investments in these cryptocurrencies, as it affects proposals from 21Shares and Grayscale.
By initiating a public comment process, the SEC aims to gather additional feedback on the ETF proposals. This uncertainty raises questions about capital inflows into digital assets and highlights the need for regulatory clarity in the market.
With XRP's current price at $2.35 and market fluctuations, experts emphasize that past ETF approvals significantly influenced trading and valuation, suggesting crucial developments ahead for XRP and Dogecoin.
Full story here: https://coincu.com/338792-sec-delays-xrp-dogecoin-etf-decision