SEC Delays Decisions on XRP and DOGE ETFs

The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on whether to approve two proposed cryptocurrency ETFs that would hold Dogecoin and XRP, according to official documents.

The U.S. regulatory body has pushed back its decision deadline regarding the suggested ETF listings to June. according to two filings reviewed by Cointelegraph.

The filings were in response to March requests made by U.S. exchanges NYSE Arca and Cboe BZX Exchange for permission to list Bitwise’s Dogecoin ( DOGE ) ETF and Franklin Templeton’s investment in XRP XRP ) ETF, respectively.

They arrived on the same day that Nasdaq, another U.S. stock market, sought approval to Here is a list of a 21Shares Dogecoin ETF: 1. An ETF focused on Dogecoin has been launched by 21Shares. 2. The 21SharesDogecoinETF offers exposure to Dogecoin. 3. A new product from 21Shares targeting Dogecoin is an ETF. 4. Discover the 21Shares offering for investors interested in Dogecoin through an ETF. 5. Investors can now access Dogecoin via the 21Shares Dogecoin ETF. 6. For those looking into crypto ETFs, consider the 21Shares one specifically designed for Dogecoin. 7. Explore investment opportunities with the help of the 21Shares Dogecoin ETF. 8. The financial market welcomes another player as 21Shares unveils their Dogecoin-focused ETF. 9. With the introduction of the 21Shares Dogecoin ETF, investing in this digital coin just got easier. 10. If you're keen on including Dogecoin in your portfolio, look at what the 21Shares ETF provides. 11. Engage more directly with Dogecoin using the innovative approach offered by the 21Shares ETF. 12. Get ready for diversified cryptocurrency investments thanks to the advent of the 21Shares Dogecoin ETF. 13. Crypto enthusiasts have a fresh way to invest in Dogecoin through the arrival of the 21Shares ETF. 14. By launching an ETF centered around Dogecoin, 21Shares aims to simplify investor entry points. 15. Looking for ways to incorporate Dogecoin? Consider leveraging the platform provided by the 21Shares ETF. 16. As part of expanding options within the cryptomarket, 21Shares introduces its take on Dogecoin with an ETF. 17. Simplify your path towards owning Dogecoin; explore participation through the newly introduced 21Shares ETF. 18. Keep track of evolving trends in cryptocurrencies like Dogecoin via the specialized vehicle crafted by 21Shares - the ETF. 19. Enhance your understanding and involvement in the world of altcoins such as Dogecoin through tools made available by entities like 21Shares' ETF. 20. Find out how integrating assets like Dogecoin becomes streamlined when accessed through structured products akin to the ones presented by 21Shares’ ETF offerings. 21. Dive deeper into specific coins like Dogecoin with assistance from comprehensive solutions tailored by firms such as 21Shares – here represented in the form of an ETF. .

Dogecoin stands as the most actively traded meme coin globally, boasting a market cap of approximately $26 billion as of April 29, according to data. data From CoinGecko, XRP serves as the native token for the XRP Ledger blockchain network. According to their data, it holds a market cap of around $133 billion.

Related: Financial institutions part ways with Ethereum but still hold onto ETH.

Deluge of filings

In 2025, the SEC received numerous petitions requesting authorization for several dozen altcoin ETFs to be listed in the U.S. By April 21st, around 70 crypto ETFs had been proposed. awaiting the SEC’s review .

Asset managers are suggesting funds encompassing "[e]verything from XRP, Litecoin, and Solana to Penguins, Dogecoin, 2x Melania, and all that lies in between," according to Bloomberg analyst Eric Balchunas. said In a post dated April 21 on the X platform.

The influx of proposals coincides with U.S. President Donald Trump urging the SEC to adopt a more favorable position towards cryptocurrencies.

Nonetheless, experts warn that investors might show less enthusiasm for altcoin exchange-traded funds compared to those tracking major cryptocurrencies like Bitcoin. BTC ) and Ether ( ETH ).

"Getting your coin included in an ETF is similar to having your songs added to various music streaming platforms when you're part of a band," according to Balchunas.

May not ensure plays, but it places your music where most of the audience can be found.

Even as US exchanges are adopting crypto ETFs, they are simultaneously pushing the SEC to adopt a strict regulatory stance In an April 25 comment letter, Nasdaq urged the SEC to apply the same compliance standards for digital assets as those applied to securities when these assets function similarly to "stocks under different names."

Magazine: The pessimism surrounding finance in cryptocurrency has ended — It's time to think ambitiously once more.