Securities and Exchange Commission Pushes Back Decisions on XRP and Dogecoin ETFs until Mid-June 2025 due to Regulatory Caution
Updated and Rewritten Article
Slap bang in the middle of the crypto wild west, the U.S. Securities and Exchange Commission (SEC) has extended its evaluation period for not one, but two groundbreaking proposals - the Franklin Templeton XRP ETF and the Bitwise Dogecoin ETF.
The Franklin Templeton XRP ETF, an ambitious project by international investment titan Franklin Templeton, originally filed on March 13, 2025, through the Cboe BZX Exchange, seeks to list shares under BZX Rule 14.11(e)(4). If approved, this could pave the way for some serious XRP action in the U.S. financial markets. But don't break out the champagne just yet - the initial decision date of May 3 has been blown waaay out, with the SEC pushing the new deadline all the way back to June 17, 2025.
Over at the Bitwise Dogecoin ETF, the story's the same. Filed through NYSE Arca on March 3, 2025, under Rule 8.201-E, the application is now eyeing a decision date on June 15, 2025. That's right, another solid month's wait for the meme coin community.
SEC's consistent use of these delays points to their measured, cautious approach when it comes to digital asset ETFs. These extensions provide plenty of time for proper legal and market analysis. That being said, it's a wolf in sheep's clothing kind of situation for meme coins like DOGE, with these delays hinting at broader regulatory hesitance towards their entry into institutional finance.
Crypto experts don't see these delays as a bearish sign - they were largely expected, thanks to the SEC's concerns over market impact, investor safety, and adherence to security laws. While October 18, 2025, might sound like a bond villain's birthday, analysts suggest that this is where the final decisions for several ETFs, including XRP, Solana, and HBAR, could be made.
Speaking of XRP, it's currently trading at $0.011114, with a visible downturn of 11.23% over the past 24 hours. This dip comes hot on the heels of the SEC's decision to delay its ruling on the Franklin Templeton XRP ETF proposal. Despite the resistance, the token's current market capitalization of $47,700 shows a steady growth trend, albeit with limited trading volume.
As for the crypto community, they're all over the place. Fueled by SEC crypto regulation and optimism surrounding ETF approvals, especially after the recent XRP ETF approval in Brazil, speculations run rampant. Rumors of ETF approvals have caused short-term price fluctuations, leaving investors scratching their heads. Yet, the delays haven't crushed the finite hope that XRP's October could still be a lucky month.
- The Franklin Templeton XRP ETF, a project by international investment giant Franklin Templeton, is currently waiting for a decision from the U.S. Securities and Exchange Commission (SEC), with the new deadline set for June 17, 2025.
- The Bitwise Dogecoin ETF, filed through NYSE Arca, is also under evaluation by the SEC and is scheduled to receive its decision on June 15, 2025.
- Crypto experts view the SEC's delay in approving these ETFs as a cautious approach, allowing for thorough legal and market analysis.
- Analysts predict that final decisions for several ETFs, including XRP, Solana, and HBAR, could be made on October 18, 2025.
- Currently, XRP is trading at $0.011114, experiencing a 11.23% decrease over the past 24 hours. Despite the recent difficulties, its market capitalization remains at $47,700, showing a steady growth trend.
- Fueled by SEC crypto regulation and optimism surrounding ETF approvals, the crypto community is speculative, with rumors of ETF approvals causing short-term price fluctuations, leaving investors uncertain yet hopeful for XRP's October.
