Admission delayed: Doge & XRP in a waiting scale-the second steps on the brakes on crypto ETFs!

The US supervision SEC brakes the hope of crypto ETFs again and shifts their decision to June-but later admission could also trigger significant price gains.

The US stock exchange supervision SEC again postponed decisions about two expected cryptocurrency ETFs late Tuesday. The Spot-Dogecoin-Etf and the XRP-Fonds by Franklin Templeton. In accordance with the US Securities Act, the SEC has 45 days to react to ETF applications-this period can be extended to up to 90 days. The authority now uses this scope to carry out a more intensive examination. According to official documents, the next decision on the Doge ETF is expected at the earliest on June 15, while the XRP fund was scheduled to be set up June 17th.

“In the past, the SEC has often taken the full deadlines for ETF decisions. This is part of its regulative approach,” commented James Seyffart, Analyst at Bloomberg
Intelligenceon X (formerly Twitter).

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(Tagstotranslate) Krypto Etfs (T) XRP Kurs

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