SEC Defers Decisions on Dogecoin, Litecoin, Solana, and XRP ETFs Amid Regulatory Scrutiny
by aria-crypto.com
March 12, 2025 at 10:57
SEC Defers Decisions on Dogecoin, Litecoin, Solana, and XRP ETFs Amid Regulatory Scrutiny
The US Securities and Exchange Commission (SEC) has yet again deferred its decision on the approval of exchange-traded funds (ETFs) for cryptocurrencies including Dogecoin, Litecoin, Solana, and XRP. The regulatory body cited the need for more time to review the proposed changes that would permit these ETFs to launch. This decision is part of a broader pattern of delays that some analysts see as a routine extension of the SEC's methodical regulatory process. Despite the delays, market experts such as Bloomberg's James Seyffart remain optimistic about the eventual approval of these ETFs, noting no significant negative impact on their final approval odds. The adjustments in the decision timeline come as the crypto community anticipates the confirmation of Paul Atkins, known for his pro-crypto stance, as the new SEC chair. This appointment could potentially reshape the future approach to crypto regulations. The current decision window is extended to May, with a hard deadline in October, providing a timeline for stakeholders to track potential progress. Meanwhile, the broader market context includes a shift in regulatory leadership and a more favorable administration under President Donald Trump, which may influence the outcome of these pending ETF applications.
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