SEC Delays Decision On XRP, Litecoin, Solana, And Dogecoin ETFs
The US Securities and Exchange Commission (SEC) has postponed decisions on multiple applications for XRP, Litecoin (LTC), Solana (SOL) and Dogecoin (DOGE) ETFs (exchange-traded funds). The agency said in a March 11 filing that it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed to the next stage. Bloomberg Expert Not Concerned About SEC Delay The affected ETFs include Cboe BZX Exchange’s spot Solana ETF and Grayscale’s XRP ETF filings. The SEC now has until May to reach a decision on these funds. While the SEC has declined to deliver a decision on the ETFs, Bloomberg ETF analyst James Seyffart said he “expected” the delay, calling it part of “standard procedure.” Eth staking and in-kind also delayed. Everything delayed. It's like the NYC-bound Amtrak on monday morning: "Mechanical issues in DC" — Eric Balchunas (@EricBalchunas) March 11, 2025 He added t...