SEC Extends Review of XRP and Dogecoin ETF Proposals, Seeks Public Feedback Amid Legal Concerns 📉
The U.S. Securities and Exchange Commission (SEC) has postponed its decision once again on several spot-based cryptocurrency Exchange-Traded Funds (ETFs), including those related to XRP and Dogecoin. The delay affects proposals from leading asset managers such as Grayscale and 21Shares, indicating ongoing regulatory caution surrounding digital asset investment vehicles.
This extension brings to light the SEC's cautious approach, emphasizing the need for further scrutiny and public feedback. The decision reflects broader concerns over the legal and regulatory framework for cryptocurrency-based ETFs and the implications they hold for investors and the market.
Source: www.fxcryptonews.com ↗
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