Sec is likely to accept XRP, DOGE ETF filing this week: Specialist



The US Securities and Exchange Commission may soon accept the spot exchange-traded fund filing for XRP and Dogcoin as this week.

SEC’s latest major Kadam was the acknowledgment of Salana (Sol) ETF application revised by Grassscale. The agency ticks this milestone on 6 February, and now Bloomberg ETF analyst James Safart They say The revised filing for XRP (XRP) and DOGECOIN (DOGE) ETF may be next.

Safart and his colleague Eric Balchunas now have a spot Litcoin (LTC) ETF and Solan ETF approval 90% and 70% respectively. The SEC has accepted Form 19 B -4 for both cryptocurrency, and the reverse count for the final deadline is 2 October and 25 October for LTC and SOL, respectively.

But this is not all. With high expectations in the Crypto market in the Gain Gensor era, two ETF experts are also approved at 65% and 70% of the obstacles of XRP and DOGE ETF.

Seyffart mentions in a post on 10 February that the application for Spot ETF on Ripple Cryptocurrency and the top meme coin can get a SEC acknowledgment node this week.

CBOE BZX filed S-1 form for Canary Capital, Wisdomtree, 21Shares and Bitwaiz for XRP ETF. Meanwhile, there are also S -1 filing for Dogcoin ETF by Grassscale and Bitwaiz. Analysts hope that in that order Form 19 B -4 to get a node on 13 and 14 February.

For final approval, analysts along with SEC -will provide a passage to the Crypto Task Force of Commissioner Hester Peerus by the end of 2025 to the very essential regulatory clarity. One of these is the “untangleing” of the security versus commodity question. ,



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *