The U.S. Securities and Exchange Commission postpones rulings on multiple cryptocurrency ETF applications, potentially pushing approvals to late 2025.
The SEC has delayed decisions on XRP and Dogecoin ETF applications from 21Shares and Grayscale, as well as Bitwise's Ethereum ETF staking feature. This extends the review process beyond the original May deadlines. Analysts now project that the earliest potential approvals could come in late June or early July, with the fourth quarter of 2025 being more likely for final decisions.