Latest news with #DogecoinETF
Business Mayor
08-05-2025
- Business
- Business Mayor
Why The Dogecoin ETF Decision Will Likely Be Delayed By The SEC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The dogecoin ETF wave is gaining ground since the first filings made their way onto the stage at the start of the year. This has put it in a heated race with the likes of XRP, Solana, and Litecoin in a bid to become the next cryptocurrency to get the nod from the Securities and Exchange Commission (SEC). However, an approval may still be far away, as it is expected that the regulator will push back and postpone an approval or rejection of a Dogecoin ETF. Delays Are The Order Of The Day The SEC has acknowledged the Dogecoin ETF filings, alongside that of its competitors, but that has not stopped the regulator from pushing back its decision on the funds. Back in April, both XRP and Dogecoin ETFs saw their decisions pushed back again, putting their next deliberation date at more than a month. This has followed the trend that the regulator has taken when it comes to crypto ETFs, pushing back decisions until the last minute. The most recent delay comes for the Litecoin ETF and this has shown how the regulator could be approaching the likes of Dogecoin ETFs. The Litecoin ETFs have been a favorite of Bloomberg analysts, with ETF expert James Seyffart giving it the highest likelihood of being approved at 90%, in an X post back in January. So, with the Litecoin ETF decision being pushed back by another month, it is expected that the Dogecoin ETF will get the same treatment. Read More Toncoin falls below $7: $10 or $5, where will TON go next? When it comes to approvals though, Dogecoin ETFs received the second-highest rating from the Bloomberg analyst, with a 75% possibility of getting approved this year. The next decision now being June 17 could also be postponed by the SEC, especially with nothing positive for the Litecoin ETF. The SEC will possibly postpone the decisions for the Dogecoin ETF until the final deadline, which is on October 18, 2025. However, there is no guarantee that the Dogecoin ETFs would get a green light from the regulator, although the community remains hopeful. Dogecoin ETF Could Trigger Price Rally Just like the Bitcoin and Ethereum ETF approvals triggered a surge in prices, an approval for a Dogecoin ETF could have the same effect on the native DOGE token. There have been predictions of the Dogecoin price rising as high as $10 as a result, showing the level of anticipation surrounding these funds. 21Shares has also lauded Dogecoin and its potential, saying that it is no longer just a meme coin, coming off its ETF filing. The investment firm said in a report that having Dogecoin in a portfolio could be a great boost, putting it alongside Bitcoin for a well-rounded portfolio. DOGE bulls push to break $0.18 resistance | Source: DOGEUSDT on Featured image from Dall.E, chart from
Yahoo
06-03-2025
- Business
- Yahoo
Hedera, Dogecoin Join Crypto ETFs on Tap for Approval
As major U.S. exchanges push forward with crypto ETF applications, Nasdaq and NYSE Arca have submitted regulatory filings for Grayscale's Hedera fund and Bitwise's Dogecoin ETF, adding to the growing list of digital assets seeking exchange-traded product status. The 19b-4 filings represent important steps in the approval process as the market for cryptocurrency investment products continues to evolve. Both digital assets experienced price volatility following President Donald Trump's March 2 announcement of plans to create a strategic crypto reserve. Dogecoin briefly jumped above $0.21 before pulling back 7.4% over the past day, according to CoinMarketCap data as of Tuesday afternoon. Hedera traded up 2% over the past day, and it is up 30% over the past week. Read More: Trump's Crypto Reserve Plan Jump Starts Crypto ETFs Nasdaq filed its 19b-4 form on Friday to list shares of the Grayscale Hedera Trust, marking Grayscale's sixth altcoin-focused ETF application. NYSE Arca submitted a filing for Bitwise's Dogecoin ETF Monday. Both filings come at a time when the Securities and Exchange Commission, under acting chair Mark Uyeda, has already acknowledged and published applications for ETFs linked to other cryptocurrencies, including Solana, XRP and Cardano. The 19b-4 filings represent the second part of a two-step process. Once acknowledged by the SEC, the filings will be published in the Federal Register, initiating a review process typically lasting 45 days. Grayscale was among the first asset managers to file to convert its existing trusts into ETFs and now has spot ETF filings tracking Polkadot, XRP, Dogecoin, Cardano and Solana, in addition to Hedera. Hedera distinguishes itself as a decentralized public network using the Hashgraph consensus algorithm rather than traditional blockchain technology, offering faster transaction speeds and lower costs, according to CoinMarketCap. Nasdaq previously filed a 19b-4 form for Canary Capital's spot Hedera ETF in February, demonstrating growing interest in the enterprise-focused blockchain. Dogecoin, meanwhile, continues to gain institutional interest despite its origins as a meme cryptocurrency. Dogecoin has evolved into one of the ninth-largest cryptocurrencies by market capitalization and was included in President Trump's weekend announcement regarding plans for a U.S. strategic crypto | © Copyright 2025 All rights reserved Sign in to access your portfolio
