SEC Pushes Back on XRP and Dogecoin ETF Decisions to June

The U.S. Securities and Exchange Commission (SEC) has pushed back decisions on spot XRP and Dogecoin exchange-traded fund (ETF) applications, potentially delaying their approvals to June. This follows a trend of extended timelines for altcoin ETF filings as market interest surges. 21Shares’ XRP ETF application, filed in February, seeks to provide institutional investors with an avenue to invest in XRP through the Cboe BZX Exchange. Grayscale submitted its Dogecoin spot ETF application earlier this year following the launch of its DOGE Trust. A slew of XRP exchange-traded products are also awaiting SEC approval in the coming days.