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XRP and DOGE ETFs Face SEC Review Extension as Public Comment Sought

  • The US SEC has extended its review timeline for proposed spot cryptocurrency ETFs tied to XRP and DOGE.
  • The Commission is seeking public comments on proposed ETFs including 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust.
  • SEC has postponed decisions on XRP and DOGE ETFs to analyze investor protection and market integrity standards outlined in the Exchange Act.
  • Bloomberg ETF analyst mentioned that early approvals for XRP and DOGE ETFs are unlikely, and the full evaluation time could extend until October.

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