Home web3.0 SEC Postpones 3 Crypto ETF Decisions Including Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE)

SEC Postpones 3 Crypto ETF Decisions Including Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE)

Apr 30, 2025 am 10:20 AM

This led to the speculation that Solana (SOL), Hedera (HBAR) among other altcoins could face the same fate.

SEC Postpones 3 Crypto ETF Decisions Including Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE)

The U.S. Securities and Exchange Commission (SEC) has postponed three major ETF decisions on Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE).

This has led to speculation that Solana (SOL), Hedera (HBAR) among other altcoins could face the same fate.

Key Crypto ETF Decisions Postponed By SEC As Speculation Rises On Solana, Hedera Fate

The heads-up on the crypto ETF front came as Paul Atkins, the SEC Chair, postponed three substantial crypto ETF applications.

This includes Franklin Templeton’s spot XRP ETF, Fidelity’s spot Ethereum ETF with staking features, and Bitwise’s spot DOGE ETF.

The decisions for the XRP ETF along with the Ethereum staking and Dogecoin ETFs now needed to meet federal regulators by June 17, 2025 but specific dates were pending for review before mid-2025.

The SEC maintained a careful stance by prolonging the evaluation process because of regulatory hitches they needed to handle.

This extended the uncertainty for XRP, Ethereum and Dogecoin as institutional involvement and potential price rises hinged on the final approval.

Leading analyst James Seyffart argued that these delays were typical protocol which would not lead to rejection as approval likelihood remained strong by October 2025 or later.

Lawmakers needed to provide clear decisions regarding crypto investments as they could gain authenticity. The ongoing delays may cause frustration among investors who want official exposure guidance.

The SEC showed its commitment to manage the tension that existed between managing new developments and monitoring them.

Bloomberg Analysts Predict More Surprises From SEC In 2025 As Key Decisions Looms For Solana, Hedera

Bloomberg ETF analysts James Seyffart and Eric Balchunas provided their assessment regarding crypto-related ETFs after the SEC extended multiple delays.

Seyffart indicated through his X post, “the SEC recently delayed decisions on Ethereum Staking and Dogecoin ETFs today.”

According to him, additional delays would affect some of the other pending decisions, such as Hedera and Solana, until at least this week.

The majority of these postponements were expected because most final deadline targets extended into October 2025 and beyond.

Analysts predict that while decisions have been temporarily delayed there was potential for speedier approval process during the middle of this year.

Seyffart expressed optimism regarding the potential approval of multiple crypto ETFs between late June and early July because the forthcoming Grayscale’s GDLC conversion serves as an anticipated catalyst.

According to Eric Balchunas nothing was to be approved until Atkins received the confirmation. Balchunas pointing out that confirmation for the commissioner had happened so the SEC were meeting with external parties to create a new strategy.

Analysts expect a surge of crypto exchange-traded fund activity to happen following the completion of regulatory basis.

21Shares Files For DOGE ETF

The 21Shares Dogecoin ETF sought to be listed and traded through Nasdaq based on the SEC proposal document (SR-NASDAQ-2025-034).

The successful DOGE ETP performance resulted in a 17.74% year-to-date return with its management of $1.64 million in assets.

Nasdaq Rule 5711(d) served as the classification for commodity-based trust shares filing.

Still, 21Shares filing its DOGE ETF solicitation with Nasdaq coincided with the SEC detention in approving four proffers of ETH staking, DOGE, SOL and HBAR ETF.

The new timeline showed that resolution decisions for this matter could most likely unfold during Q3 or Q4 2025.

The two Bloomberg analysts expected the SEC would possibly give numerous endorsement choices either in June or July of this year.

A potential crypto ETF for DOGE represented an important opportunity to let institutional investors engage with Dogecoin assets without having physical ownership.

The successful approval of a DOGE ETF may establish Dogecoin beyond its meme coin association if broader acceptance takes off this summer.

News data source: kdj.com

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