SEC likely to acknowledge XRP, DOGE ETF filings this week: Expert

CoinMarketCap
02-11

The U.S. Securities and Exchange Commission could acknowledge the spot exchange-traded fund filing for XRP and Dogecoin as soon as this week.

SEC’s latest major move was the acknowledgement of the amended Solana (SOL) ETF application by Grayscale. The agency ticked on this milestone on Feb. 6, and now Bloomberg ETF analyst James Seyffart says amended filings for XRP (XRP) and Dogecoin (DOGE) ETFs could be next.

Seyffart and his colleague Eric Balchunas now have the odds of a spot Litecoin (LTC) ETF and Solana ETF approval at 90% and 70% respectively. The SEC has acknowledged Form 19b-4 for both cryptocurrencies, and the countdown to the final deadline is Oct. 2 and Oct. 25 for LTC and SOL respectively.

Read more: SEC finally acknowledges Solana ETF filing after past rejections

But that’s not all. With anticipation across the crypto market high in the post-Gary Gensler era, the two ETF experts are also putting odds of XRP and DOGE ETFs getting approved at 65% and 70%.

Seyffart noted in a post on X on Feb. 10 that applications for spot ETFs on the Ripple cryptocurrency and the top meme coin could get a SEC acknowledgement nod this week.

Cboe BZX filed S-1 forms for XRP ETFs for Canary Capital, WisdomTree, 21Shares, and Bitwise. Meanwhile, there are also S-1 filings for Dogecoin ETFs by Grayscale and Bitwise. The analysts expect forms 19b-4 to get a nod on Feb. 13 and 14 in that order.

As for final approval, the analysts see the SEC as well as Commissioner Hester Peirce’s crypto task force will provide a path to much needed regulatory clarity by the end of 2025. One of this is the “untangling” of the question of security vs. commodity.

Read more: Grayscale files for XRP ETF with NYSE

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10