SEC Admits Grayscale’s DOGE and XRP ETF Proposals

Reading Time: < 1 minute

The US Securities and Exchange Commission (SEC) has acknowledged Grayscale’s 19b-4 filing for its Dogecoin and XRP exchange-traded funds (ETFs), setting the stage for potential approval. This development has led to a positive outlook for the prices of Dogecoin and XRP.

In an official announcement, the SEC recognized Grayscale’s filings for Dogecoin and XRP ETFs and invited public comments on these proposed funds.

This acknowledgment is a crucial initial step in the process toward either approval or denial, fueling optimism regarding the potential approval of these funds.

Grayscale submitted 19b-4 filings through the New York Stock Exchange (NYSE) to convert its Dogecoin and XRP Trusts into ETFs.