Will DOGE Price Fall as SEC Delays Another Dogecoin ETF?
The post Will DOGE Price Fall as SEC Delays Another Dogecoin ETF? appeared on BitcoinEthereumNews.com.
Key Insights: The US SEC delayed its decision on the 21Shares Spot Dogecoin ETF, further waning positive sentiment in the community. Anticipation around Doge price continues. August 17 is the next deadline for the SEC to make its decision on the 21Shares Dogecoin ETF. Dogecoin price fell more than 2% in response as the bearish trend continues. The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the 21Shares spot Dogecoin ETF, joining other altcoin ETFs facing a long waiting period. As a result, Dogecoin price tumbled more than 2% over the last 24 hours, extending the monthly fall to over 15%. US SEC Postpones 21Shares Dogecoin ETF Approval According to the latest US SEC filing, the government agency has extended the decision to approve or deny the 21Shares Dogecoin ETF application to another 45 days. 21Shares Dogecoin ETF was delayed as the US SEC seeks more time to further evaluate whether the proposed ETF meets listing and trading requirements under Nasdaq Rule 5711(d), as per the filing. the US SEC stated: Nasdaq filed the request to list and trade the 21Shares Dogecoin ETF on April 28. However, it was published in the Federal Register on May 19, making August 17 the next deadline for the SEC to make its decision. US SEC Also Delayed Other Dogecoin ETFs Grayscale and Bitwise are other issuers seeking approval of the Dogecoin ETF from the US SEC. Both filed to approve the Dogecoin ETF in January this year. However, the SEC has delayed the decision for both Grayscale and Bitwise Dogecoin ETF tracking the Spot Dogecoin price. The final deadline for Grayscale and Bitwise falls in October and November, respectively. Meanwhile, Bloomberg ETF analysts have raised the odds for Dogecoin ETF approval to 90%. Bloomberg senior ETF analyst Eric Balchunas pointed out…
Filed under: News - @ July 1, 2025 9:22 pm