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SEC Delays XRP Dogecoin ETF Decisions

SEC Delays Decisions on XRP and Dogecoin ETFs

  • The SEC has postponed decisions on the 21Shares XRP ETF and the Grayscale Dogecoin ETF.

  • Delays are to evaluate compliance with Exchange Act Section 6(b)(5) requirements.

  • Public comments are being solicited as part of the review process.

  • The original decision deadlines of May 21-22 have been suspended.

  • Bloomberg ETF analyst James Seyffart noted these delays are routine and expected.

The SEC has delayed its decision on the XRP and Dogecoin ETFs to ensure compliance with regulations, extending the review period beyond the original May deadlines. Analyst James Seyffart indicated such delays are common.

Source (2.6)https://cryptobriefing.com/sec-delays-xrp-dogecoin-etfs/?rand=59535
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