The US Securities and Exchange Commission (SEC) has announced another delay in decisions on altcoin-based ETFs, including proposals for assets like XRP and Dogecoin. These delays raise questions about the reasons for the regulator's continued setbacks.
SEC's Decision Postponement
On March 11, 2025, the SEC announced a delay on several notable crypto ETFs filed by firms like Grayscale, 21Shares, and Bitwise. Among the assets involved were well-known altcoins like Dogecoin and XRP. This postponement aligns with the standard regulatory procedures for such applications.
Reasons Behind the Delays
Regulatory delays are common in the crypto world, particularly concerning ETFs. The SEC has been cautious about approving crypto ETFs due to concerns over market manipulation and a lack of clear regulations. Despite the growing interest in crypto ETFs by asset managers, the SEC remains hesitant due to potential market volatility and fraud.
Interest in XRP ETFs
One of the most talked-about applications is Grayscale's proposal for an XRP ETF. This application has generated significant interest within the crypto community. It is expected that many of the submitted applications, including the one concerning XRP, will eventually be approved.
Crypto ETFs are seen as a critical step toward providing transparency and regulation in the crypto market. These financial products offer investors a way to gain access to digital assets without directly purchasing and holding them. With growing interest from institutional investors, the SEC faces pressure to create regulated investment products that allow traditional investors to enter the crypto market.
