The SEC keeps delaying important rulings on a variety of ETFs with a crypto component. Ethereum, Bitcoin, XRP, Solana, Litecoin, and Dogecoin proposals are all experiencing delays. For instance, decisions on the staking features of Ethereum ETFs, such as 21Shares, have been postponed until October 2025.
The deadline for Grayscale's XRP ETF, one of the more closely anticipated submissions, has also been extended to October 2025, even though the chances of approval have never been higher.
Dogecoin, which is frequently considered the most popular memecoin, will probably serve as a test case for upcoming ETF applications that are specialized to memecoins. "The Doge 33 Act filing will tell us a lot, I think," Balchunas added, suggesting that future offerings may be influenced by the US SEC's response to such filings.
