SEC Delays Decision on Dogecoin and XRP ETFs Until June

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The SEC has postponed its decision on approving two cryptocurrency ETFs tied to Dogecoin and XRP. The delay pushes the ruling deadline to June, following proposals from NYSE Arca and Cboe BZX.

  • SEC postpones decision on Bitwise's Dogecoin ETF and Franklin Templeton's XRP ETF until June.
  • Proposals for the ETFs were submitted by NYSE Arca and Cboe BZX Exchange in March.
  • The delay highlights the SEC's ongoing scrutiny of cryptocurrency-based financial products.
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