SEC delays verdicts for XRP and Dogegoin ETFs proposed by Grayscale and 21Shares

As with other similar presentations, the Sec He requested more time to analyze the proposals, and opened a period of public consultation to read comments from the community. The proposal of Bitwise For Staking in your ETF Ethereum spot.

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• The affected proposals include the funds of Grayscale and 21Shares for XRP and Dogecoin
  
• The decision was also postponed to allow staking in the ETF Ethereum of Bitwise
  
• Analysts await resolutions to the fourth quarter of 2025

The United States Stock Exchange and Securities Commission (SEC) This week announced a new round of delays in its verdicts on key proposals related to funds quoted in the bag (ETF) based on cryptocurrencies. In this case, the measure affects products related to XRP and Dogecoin, as well as an additional proposal linked to the staking of Ethereum.

Postponed decisions include requests for the creation of ETFs 21Shares Core XRP Trust, Grayscale XRP Trust and Grayscale Dogecoin Trust. According to documents published on Tuesday, the Sec He has chosen to open a public consultation period for each of the proposals, requesting comments on the legal and regulatory aspects surrounding these investment vehicles.

“The opening of procedures is appropriate at this time due to the legal and policy issues raised by the proposed normative change,” declared the Sec In one of the files.

The regulatory agency clarified that this phase of comments does not imply a final decision or anticipates a definitive position. Its objective, he added, is to collect public perspectives on the impact and viability of the suggested changes.

Bitwise also affected: the decision on the staking of Eth

In addition to the ETFs XRP and Dogecoin, the Sec He also delayed his evaluation about a proposal for Bitwise that seeks to allow the staking of Ethereum within its bottom. This change would have significant implications, since Open the door to which traditional financial products generate passive chain income through direct participation in participation test networks (POS).

The decision, once again, has been deferred in favor of a new request for public comments. Bitwise It has been one of the most active asset managers in the development of products related to Ethereum, And this proposal represents a strategic step towards the integration of crypto profits into the traditional stock market.

A constant pattern of delays

The Sec It has been delaying decisions on multiple proposals for ETF crypt. Despite the recent progress with the approval of funds quoted in the Exchange of Bitcoin and Ethereum In 2024, current delays show that the agency still faces dilemmas on how to address assets with less regulatory clarity as XRP and Doge.

Bloomberg Intelligence ETF analyst James Seyffart commented on Tuesday that these delays are predictable.

“If we see early approval by the SEC for any of these assets, I would not expect it to occur before the end of June or early July. It will probably be at the beginning of the fourth quarter,” affirmed.

Seyffart added that, regardless of administration in power, the Sec It usually exhausts all regulatory deadlines before making definitive decisions. Many of the current proposals have final limit dates in October.

“The anticipated decisions would be the unusual. It doesn’t matter how ‘pro crypt’ be this sec“He said.

Let’s take into account that last week, the Sec It also issued similar resolutions for ETFs Solarium raised by 21Shares and Bitwise.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of UNSPLASH.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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