Breaking! SEC Again Delays Decision on XRP and Dogecoin Trusts, Investors Face Long Wait

The U.S. securities regulator has announced a delay in the approval of applications for three major crypto trusts, including the 21Shares Core Trust for XRP and Dogecoin, as well as related trust projects under Grayscale. The regulatory body needs more time and public feedback before providing a final response.

This delay means that investors and institutions must continue to wait, as market uncertainties remain unresolved. The SEC's action indicates that the regulatory agency is still cautious about these altcoin trusts, aiming to promote mainstream compliant investment while strictly managing risks.

21Shares and Grayscale are industry leaders, with their previously launched Bitcoin and Ethereum trusts being very popular. If the XRP and Dogecoin trusts are approved, it will open the door to compliance for these two major altcoins and help attract more traditional capital into the market.

However, regulatory uncertainty continues to loom, as the SEC demonstrates through public consultations that it is not completely dismissing these trusts, but rather taking a steady approach to investor protection.

This is not the first time the SEC has delayed decisions related to digital assets, intensifying friction between regulators and the crypto industry. The market is currently focused on whether public feedback can influence future policy directions.

Investors must remain vigilant, as the compliance path for future crypto trusts is still fraught with variables, and patience in awaiting results may determine the direction of the next market trend.