The SEC has once again postponed decisions on crypto ETFs, including assets like Dogecoin and XRP. Experts remain hopeful for approval later this year.
SEC's Postponement on Crypto ETFs
On March 11, 2025, the SEC announced delays for several important crypto ETFs, including proposals from firms like Grayscale, 21Shares, and Bitwise. This is part of the standard regulatory process for such applications.
Causes of Delays
The SEC has long been cautious about approving crypto ETFs due to concerns over manipulation and the lack of clear regulations. The confirmation of Paul Atkins as the new SEC chair might also influence the timing.
Interest in XRP ETFs
Grayscale's XRP ETF filing is one of the most discussed. Approval chances remain high, especially for Litecoin and Dogecoin.
Crypto ETFs are crucial for bringing regulation and transparency to the crypto market. They are expected to be approved later in 2025, opening opportunities for institutional investors.