Crypto news
The SEC extends review period for Ripple and Dogecoin ETFs
The review period for the Dogecoin ETF has been postponed to June 15, while the deadline for the Ripple (XRP) ETF has been extended to June 17.
The U.S. Securities and Exchange Commission has delayed its decision on two cryptocurrency-related ETF applications, including those for Ripple and Dogecoin. Bitwise Asset Management's Dogecoin ETF proposal and Franklin Templeton's XRP Spot ETF application were both given extended review periods by the SEC.
The review timeframe for the Dogecoin ETF has been pushed back to June 15, while the Ripple (XRP) ETF faces an extended deadline of June 17. However, ETF experts predict that these dates are likely tentative, with actual rulings on many cryptocurrency ETFs potentially taking place in the fourth quarter of 2025.
The SEC has also put the brakes on several other cryptocurrency ETFs in recent weeks, including those tied to Solana and Hedera. The regulator's cautious approach comes as the cryptocurrency market continues to evolve and mature.
Analysts expect the SEC to take its time in reviewing these proposals carefully, given the still-nascent nature of the crypto space and associated regulatory concerns. Nevertheless, experts believe that ultimately, these ETFs will help open the doors to wider mainstream adoption and investment in digital assets.
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