- SEC postpones decisions on XRP and Dogecoin ETFs, seeking public input.
- Decision results may be announced by July at earliest.
- This delay halts institutional investments in the affected assets.
The U.S. Securities and Exchange Commission (SEC) announced on May 21, 2025, that it would delay decisions on ETFs for XRP and Dogecoin while soliciting public comments.
The SEC’s deferral, which affects proposals from 21Shares and Grayscale, aims to review legal and policy matters, with potential outcomes by July. This postponement has temporarily halted institutional investment inflows into these cryptocurrencies.
Public Comment Process Initiated for XRP and Dogecoin ETFs
The SEC has initiated a public comment process for the ETF proposals from 21Shares and Grayscale, delaying immediate decisions. The commission’s actions impact the proposed XRP and Dogecoin ETFs, as well as Bitwise’s Ethereum ETF, which seeks to add a staking feature. This adds time for additional feedback and legal assessment.
Potential repercussions include deferred capital inflows into these digital assets through regulated ETFs. This situation continues to leave prospective investors uncertain about the SEC’s final decision, spotlighting the importance of regulatory clarity in the digital asset market.
While official statements from major industry figures remain scarce, past commentary suggests that ETF postponements reflect the gap between burgeoning institutional interest and regulatory pacing. This sentiment aligns with the historical context of SEC procedures in handling novel financial products.
Historical Context, Price Data, and Expert Insights
Did you know? Historically, the approval of cryptocurrency ETFs has often led to significant price increases and trading volume spikes.
XRP’s price is currently $2.35, with a market cap of 137.99 billion USD. The 24-hour trading shows a volume of 2.95 billion USD and saw a decrease of 18.17%. Recent price movements indicate a drop of 13.45% over 90 days, based on data from CoinMarketCap.
Experts, including the Coincu research team, highlight the implications of these delays for future adoption. Regulatory outcomes might bolster or impede interest in regulated crypto products. Historically, approval has conversely spurred valuation and trading activity, suggesting critical periods ahead for XRP and Dogecoin markets.
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