SEC Delays Dogecoin ETF to June 15, XRP ETF to June 17, and Ethereum ETF Staking

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Bitwise Invest’s Dogecoin ETF application until June 15, 2025, and Franklin Templeton’s XRP spot ETF until June 17, 2025. These delays involve proposed rule changes by NYSE Arca and Cboe BZX Exchange, respectively. The SEC has also deferred its decision on staking for Fidelity’s spot Ethereum ETF. These delays are expected to continue, with final decisions on many cryptocurrency exchange-traded products (ETPs) anticipated in Q4, and a specific mid-October deadline around the 18th for the XRP spot ETF. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io