SEC Defers Decisions on Dogecoin and Ripple ETF Proposals
Rewritten Article:
So, here's the scoop: The SEC's been putting off decisions on XRP and Dogecoin ETFs, setting new deadlines for June 15 and June 17 respectively. That's for the Bit DOGE ETF and Franklin XRP Fund, in case you were wondering.
Need more time to mull over those proposed rule changes? No sweat! The SEC's got the power to stretch that decision period from 45 days to a whopping 90 days if things get extra messy.
Now, you might be thinking, "When are we gonna hear a final call on these ETFs?" Well, according to analyst James Seyffart from Bloomberg Intelligence, those final deadlines are likely to roll around in the October 2025 ballpark, or even later. Some analysts even suggest the SEC might take things all the way up to October 18, 2025, given the usual procedural timelines and current review activity.
So, while we've got new deadlines for mid-June, don't hold your breath for a final word before the fourth quarter of 2025. That's just the way the SEC rolls these days!
Investors should note that theSec's decision on the proposed ETFs for XRP and Dogecoin, such as the Bit DOGE ETF and Franklin XRP Fund, has been pushed back to June 15 and June 17 respectively due to ongoing consideration. For those who are keeping an eye on the finance world, the final decisions for these ETFs might not be made until October 2025, as suggested by analyst James Seyffart, with a possible extension to October 18, 2025. This means that even though deadlines for the mid-June approval are set, it's essential for investors to plan their XRP and Dogecoin investments with this extended timeline in mind.
