SEC Opens Review for Grayscale’s XRP and DOGE ETFs

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February 14, 2025 9:41 PM

In Brief:
The SEC acknowledges filings for Grayscale’s XRP and Dogecoin ETFs, moving them to the public comment stage.
Approval is not guaranteed, but analysts see this as a major shift in the SEC’s approach to crypto ETFs.

The SEC has officially acknowledged Grayscale’s filings for XRP and Dogecoin (DOGE) ETFs, marking a key step toward potential approval. While this does not guarantee acceptance, it signals that the regulator is more open to altcoin ETFs under the new administration.

Analysts note this is a significant shift, as the SEC previously rejected Solana ETF filings in December. With multiple firms, including Bitwise and Rex Shares, now competing for DOGE and meme coin ETFs, the market is watching closely for the next regulatory move.

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