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SEC Delays Spot XRP, Dogecoin, SOL And LTC ETFs—What’s Going On?

  • The US Securities and Exchange Commission (SEC) has delayed decisions on proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.
  • The delay pushes back potential approval dates to May 2025 for various ETF applications, including those from VanEck, Canary, and Grayscale.
  • The SEC states that it needs more time to consider the proposed rule change and the issues raised.
  • The odds of approval for the proposed ETFs vary, with Litecoin having a 90% approval likelihood, Dogecoin at 75%, Solana at 70%, and XRP at 65%.

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