The US SEC Delays Decision on Listing Applications for Bitwise Dogecoin ETF and Franklin XRP Fund
PANews, April 30th: According to The Block, the US Securities and Exchange Commission (SEC) has issued a document announcing the delay in the decision on the listing applications for the Bitwise Dogecoin ETF and Franklin XRP Fund. The SEC stated that more time is needed to evaluate the relevant rule change proposals, extending the final decision deadline for the Bitwise Dogecoin ETF to June 15th and the Franklin XRP Fund to June 17th. The SEC noted in the document: "The Commission finds it necessary to extend the review period to ensure sufficient time for evaluating the proposal content and the related issues involved." Bloomberg Intelligence ETF analyst James Seyffart commented, "In my view, this was expected, as most of these applications have final deadlines in October 2025 or later."
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