Those eagerly waiting for the U.S. Securities and Exchange Commission (SEC) to approve ETF products for Dogecoin and XRP will have to wait a bit longer. The SEC has announced that final decisions are now postponed until at least June. While the hope for approval remains, clarity won’t come for several more weeks.

🧾 Grayscale and 21Shares Must Be Patient

Two major firms — Grayscale Investments and 21Shares — behind the proposed ETFs haven’t gotten the green light yet. The SEC says it needs more time to assess whether the proposals meet legal requirements and adequately protect investors.

📍 21Shares filed its XRP ETF request back in February

📍 Grayscale followed with a Dogecoin ETF after launching the DOGE Trust in January

📅 New decisions are expected by June 17

💼 What’s at Stake – and Why the Buzz?

An ETF (Exchange-Traded Fund) allows investors to gain exposure to crypto assets without owning them directly – through traditional brokerage accounts. For altcoins like XRP and DOGE, approval would mark a major step toward mainstream legitimacy.

📊 Markets Stay Calm

Despite the delay, both cryptocurrencies held their ground:

🔹 XRP rose 1.66% to $2.355

🔹 Dogecoin gained 0.75%, trading at $0.2264

This signals continued investor confidence – with many seeing the possible approval of these ETFs as a major trigger for the upcoming altcoin season.

🔍 SEC Moves Slowly – But Isn’t Closing the Door

It’s not just DOGE and XRP. The SEC also postponed decisions on Solana ETF proposals from Bitwise and 21Shares, suggesting that the agency is not singling out any coin but instead taking a cautious, across-the-board approach to altcoin ETFs.

According to James Seyffart of Bloomberg ETF Analytics, these kinds of delays are normal. In the case of altcoin ETFs, the SEC is being more conservative than it was with BTC or ETH.

👤 New SEC Leadership = New Hope?

However, the recent appointment of Paul Atkins as SEC Chairman has sparked renewed optimism. Known for his progressive approach to innovation, Atkins may be more receptive to altcoin ETFs — even if the process takes time.

✅ Summary: The Clock Is Ticking – But the Game’s Still On

ETF proposals for Dogecoin and XRP are still in play, but don’t expect any final verdict until June. The SEC continues to review its options, keeping the crypto community waiting.

Still, this “holding pattern” could be an opportunity — if approval eventually comes, it might be one of the biggest triggers for the next altcoin rally.



#SEC , #DOGE , #xrp , #SEC , #etf

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