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#DOGE Grayscale DOGE, XRP ETF applications officially accepted, showing a more open attitude towards the ETF of altcoins, enhancing the possibility of future approval. Fox Business reporter Eleanor Terrett said that the 240-day review period applied by Grayscale is expected to take effect in a few days.
(Previous context: Bloomberg analysts predict the approval probability of ETFs for four major altcoins (SOL, XRP, DOGE, LTC), and ADA spot ETF joining the battle.)
(Background: SEC accepts Grayscale Solana, LTC spot ETF 19b-4 document application, and will make a decision to approve or reject it by October this year ()
Table of Contents
SEC accepts DOGE, XRP ETF applications
What does SEC acceptance mean?
SEC review process
1. Acceptance and public announcement
2. Preliminary review (45-day deadline, extendable to 90 days)
3. Further extension of review (up to 240 days)
4. Final Decision (Approval or Rejection)
Probability of approval for the four major cryptocurrency ETFs