The US Securities and Exchange Commission (SEC) has delayed its decision on two proposed cryptocurrency exchange-traded funds (ETFs) that would hold Dogecoin and XRP. The new ruling deadline has been extended until June, following requests in March from NYSE Arca and Cboe BZX Exchange to list Bitwise's Dogecoin ETF and Franklin Templeton's XRP ETF. As of April 29, Dogecoin has a market capitalization of approximately $26 billion, while XRP stands at around $133 billion, according to CoinGecko. In 2025, the SEC has been inundated with requests for a variety of altcoin ETFs, spurred partly by pressure from President Donald Trump for a more favorable regulatory environment for cryptocurrencies. However, analysts warn that interest in altcoin ETFs may be less robust compared to those focusing on major coins like Bitcoin and Ethereum. Nasdaq has also expressed support for the SEC to hold digital assets to the same compliance standards as traditional securities, emphasizing the importance of regulatory uniformity in the digital asset sector.

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