SEC delays decision on XRP, Solana, Litecoin, Dogecoin ETFs until May

From Cointelegraph
March 12, 2025 12:55 am:

The US SEC delays decision on XRP, Solana, Litecoin, and Dogecoin ETFs until May. Grayscale’s XRP and Cboe BZX Exchange’s Solana ETFs among those delayed. Analysts not concerned, as delays are standard procedure. Final decision deadlines not until October.

SEC delays approval decisions on altcoin ETFs. Bloomberg analysts say everything, including Ether staking ETFs, is delayed. Pro-crypto businessman Paul Atkins yet to be confirmed as SEC chair. SEC previously extended deadline for Ether ETF options listing request.

SEC receives raft of altcoin ETF filings post-Trump’s election and Gensler’s resignation. Gensler had aggressive regulatory stance toward crypto, with 100 regulatory actions in 2021. Firms facing legal action from SEC seeing cases dismissed post-Gensler’s departure. Acting SEC Chairman Uyeda proposes abandoning crypto regulation expansion.

Read more at Cointelegraph.com

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