SEC likely to acknowledge XRP, DOGE ETF filings this week: Expert
The Securities and Exchange Commission of the United States could recognize the deposit of funds negotiated by Spot Exchange for XRP and Dogecoin this week.
The last major decision of the SEC was the recognition of the modified solana (GROUND) ETF application by gray levels. The agency checked this stage on February 6, and now Bloomberg Etf James Seyffart analyst said Modified deposits for XRP (Xrp) and Dogine (DOGE)) FNBs could be following.
Seyffart and his colleague Eric Balchunas now have the chances of a Litecoin spot (Thal))) ETF and Solana ETF approval at 90% and 70% respectively. The SEC has recognized form 19B-4 for the two cryptocurrencies, and the countdown of the final deadline is respectively on October 2 and October 25 for LTC and Sol.
But that’s not all. With anticipation on the market of high cryptography in the post-Gary Gensler era, the two ETF experts are also chances of XRP and ETF Doge are approved at 65% and 70%.
Seyffart noted in a post on X on February 10 that the applications of the ETF spots on the Ripple cryptocurrency and the higher meme piece could obtain a head nod this week.
CBOE BZX filed S-1 forms for the ETF XRP for the Canari capital, Sisdomtree, the 21Shares and the bit on the bit. Meanwhile, there are also S-1 deposits for Dogecoin ETFs by Grayscale and Bitwise. Analysts expect forms 19b-4 to get a sign of the February 13 and 14 in this order.
As for the final approval, analysts see the dry as well as Commissioner Hester Peirce Crypto working group will provide a path to the essential regulatory clarity by the end of 2025. One of this is the “detangling” of the security issue in relation to the goods.
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