The U.S. SEC is once again extending review periods for several crypto ETF proposals, putting decisions on hold for funds tied to Dogecoin, XRP, and other digital assets.
According to filings published Tuesday, the SEC will now take until mid-June to make calls on Bitwise’s proposed Dogecoin ETF and Franklin Templeton’s XRP Fund, with new deadlines set for June 15 and June 17, respectively. The agency stated it needs additional time to thoroughly evaluate the proposals and the regulatory considerations they raise.
The delays come amid a shifting regulatory climate. Since the beginning of 2025, the SEC has softened its stance on crypto under new Chair Paul Atkins, who replaced Gary Gensler. Atkins, considered more open to digital assets, recently expressed optimism about the sector’s potential and emphasized the need for thoughtful collaboration with lawmakers to craft clearer rules.
This pivot in tone follows a wave of high-profile approvals last year, including the first spot Bitcoin and Ethereum ETFs. Now, issuers are lining up with applications tied to everything from Solana to Hedera to Dogecoin.
In addition to the Dogecoin and XRP delays, the SEC also postponed decisions on proposals related to Ethereum staking and a broader crypto index ETF, both submitted by Franklin. Nasdaq also filed a new application to list 21Shares’ Dogecoin ETF, adding to the growing queue.
With multiple deadlines pushed back and more proposals flooding in, analysts like Bloomberg’s James Seyffart say the wait will likely continue this week as the SEC works through its expanding crypto ETF pipeline.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/sec-slows-crypto-etf-momentum-with-new-round-of-delays/