Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12837
Markets: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Share
crypto.news 2025-02-14 08:01:34

XRP and Dogecoin ETFs clear initial hurdle as SEC acknowledges Grayscale’s filings

XRP and Dogecoin ETFs clear initial hurdle as SEC acknowledges Grayscale’s filings

The United States Securities and Exchange Commission has officially acknowledged Grayscale’s filings for spot XRP and Dogecoin exchange-traded funds, kicking off the review process that could see these crypto funds hit the market later this year. On Feb. 13, the commission published notices for Grayscale’s Form 19b-4 filings, a procedural step before the start of a 240-day window to review and decide on the applications. The countdown begins once the filings are entered into the Federal Register, which typically happens within days after the commission acknowledges applications. If processed soon, a final decision could come by mid-October. Commenting on the development, Fox Business journalist Eleanor Terrett explained that while the acknowledgement doesn’t mean “automatic approval”, it still marks a notable shift in the SEC’s stance. She pointed out that the agency, under its current leadership, is “more open-minded” and willing to engage with crypto ETF proposals rather than outright dismissing them. You might also like: Grayscale files for XRP ETF with NYSE She recalled that in December, exchanges pulled Solana ETF applications after the SEC, then led by Gary Gensler, signaled it wouldn’t engage with them. In contrast, the SEC, under new leadership , appears more open to considering such filings, bolstering hopes that these crypto-based products might eventually launch. Looking ahead, Terrett anticipates the SEC will soon turn its attention to XRP ETF applications from other issuers that followed Grayscale’s lead. Four other issuers, namely Bitwise, 21Shares, Canary Capital and WisdomTree, have filed their own proposals, which are now awaiting acknowledgment. NYSE Arca filed a proposed rule change with the SEC on Jan. 30 to list and trade shares of the Grayscale XRP Trust, followed by a similar filing for the Grayscale Dogecoin Trust on Jan. 31. Bloomberg analysts James Seyffart and Eric Balchunas estimate the chances of XRP and Dogecoin ETFs getting approved at 65% and 70%, respectively. Read more: Grayscale files for XRP ETF with NYSE

Most Read News



Cryptohopper
Market Cap
24h Vol
60.66%
Bitcoin Share
710
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.