SEC Acknowledges Grayscale's Filings for XRP and Dogecoin ETFs


The US Securities and Exchange Commission has officially recognized submissions from Grayscale, a crypto asset manager, to introduce exchange-traded funds (ETFs) for spot XRP and Dogecoin. The SEC's acknowledgment on Feb. 13 of Grayscale's Form 19b-4 filings for the Grayscale XRP Trust and the Grayscale Dogecoin Trust signals the beginning of a 240-day review period for the agency to make a decision. The 240-day countdown will commence once Grayscale's filings are entered into the SEC's federal register, usually occurring shortly after submission. If the filings are made now, the SEC's decision deadline would fall around mid-October. Additionally, the SEC has also acknowledged applications for Litecoin (LTC) and Solana (SOL) ETFs in the past two weeks, indicating a shift in approach to crypto-related listings under the current SEC leadership.