The SEC delayed decisions on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF until November 12. The agency extended deadlines for both applications, with Grayscale seeking to convert Litecoin and Bitcoin Cash trusts into ETFs. The move aims to reduce price volatility and align with the precedent set by the Grayscale Bitcoin Trust.
The surge in altcoin ETF applications has led to a backlog at the SEC, with at least 31 altcoin spot-ETF applications filed in 2025. Additionally, 92 crypto-related ETF products are awaiting SEC decisions, with significant interest in Solana and XRP. The SEC has consistently extended review periods, postponing multiple crypto ETF filings recently.
Read more at Cointelegraph: SEC delays Bitwise Dogecoin and Grayscale Hedera ETF decisions to November
