The SEC has postponed its decision on the ETF proposals for XRP and DOGE, and is seeking public opinion.

[SEC Delays Decision on XRP and DOGE ETF Proposals and Seeks Public Input] The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to approve the exchange-traded fund (ETF) proposals tracking XRP and DOGE, and has requested public input on the 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust. The SEC stated in a document: “Considering the legal and policy issues raised by the proposed rule changes, it is appropriate to initiate the process at this time,” adding, “Initiating the process does not represent that the Commission has reached any conclusions on the issues involved. Rather, the Commission hopes and encourages interested parties to provide comments on the proposed rule changes.” In addition, the SEC has also delayed its decision on whether to approve Bitwise’s proposal for an Ethereum ETF to participate in staking. Bloomberg analyst James Seyffart stated: “Regardless of who leads, the SEC will almost always use up all the time.” He pointed out: “Almost all of these types of applications have final deadlines in October, so it would be unusual to decide early.”