The United States Securities and Exchange Commission (SEC) postponed 3 major ETF decisions on Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE).
This led to the speculation that Solana (SOL), Hedera (HBAR) among other altcoins could face the same fate.
SEC Postpones 3 Key Crypto ETF Decisions
Paul Atkins, the SEC Chair, postponed three substantial crypto ETF applications including Franklin Templeton’s spot XRP ETF, Fidelity’s spot Ethereum ETF with staking features, and Bitwise’s spot DOGE ETF.
Decisions for Franklin Templeton’s XRP ETF along with the Ethereum staking and Dogecoin ETFs now needed to meet federal regulators by June 17, 2025 but specific dates were pending for review before mid-2025.
The SEC maintained a careful stance by prolonging the evaluation process because of regulatory hurdles they needed to handle.
The extended uncertainty caused by the SEC could hinder the potential adoption of XRP, Ethereum and Dogecoin by institutions as well as their pri
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