SEC Postpones XRP ETF Decision Along With DOGE and LTC Applications

SEC postponed decisions on XRP ETFs from 21Shares, Bitwise, Grayscale, and others.
Final XRP ETF ruling now expected by October 19, 2025, after a 60-day delay.
DOGE and LTC ETF applications also face extended review into October.
SEC is reviewing multiple crypto ETF filings together with no approvals yet.

The U.S. Securities and Exchange Commission (SEC) has extended its review timeline for several proposed spot cryptocurrency exchange-traded funds (ETFs). These include XRP, Dogecoin (DOGE), and Litecoin (LTC) funds. The decision delay pushes final deadlines into October 2025, with the SEC citing the need for further evaluation. These delays affect filings from major issuers such as 21Shares, Bitwise, Grayscale, Canary Capital, and CoinShares.

SEC Sets October Deadlines for XRP ETF Proposals

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The SEC has officially postponed decisions on five XRP ETF applications, moving the deadline to October 19, 2025. This includes filings from 21Shares, Bitwise, CoinShares, Canary Capital, and Grayscale. The commission previously had until August 20 to make a decision but extended the review period by 60 days.

The XRP ETF proposals were originally submitted on February 6, 2025, with updated filings made on February 12. According to the SEC, the extension allows more time to consider regulatory requirements under the Securities Exchange Act. If the commission does not act by the final deadline, it will forfeit its statutory authority to approve or deny.

🚨 JUST IN: SEC postpones its decision on the Canary Spot $XRP ETF. pic.twitter.com/YwpHZ9DVLF
— Crypto Briefing (@Crypto_Briefing) August 18, 2025

The SEC is expected to make a collective decision on all pending XRP ETF applications. A similar approach was followed during the approvals of spot Bitcoin and Ethereum ETFs earlier this year. The earliest final deadline for any of the pending eight XRP ETF applications is October 18, 2025.

Other asset managers with pending XRP ETF proposals include WisdomTree, Franklin Templeton, and REX-Osprey. BlackRock, the largest asset manager in the world, has not filed for an XRP ETF.

DOGE and LTC ETF Filings Also Face Delays

Alongside XRP, the SEC has delayed decisions on Litecoin and Dogecoin ETFs. The CoinShares Litecoin ETF had an August 24 deadline, but the review period has now been extended to October 23. Additional filings for LTC ETFs have also come from Canary Capital and Grayscale.

Grayscale’s Dogecoin ETF filing has also been postponed. The SEC has not provided a detailed explanation but indicated that the review process remains ongoing. The regulator usually requests public comments during these review periods.

As with XRP, the DOGE and LTC ETF decisions are now expected to come by October. The SEC appears to be evaluating these altcoin ETF filings together, much like its process for Bitcoin and Ethereum funds.

Staking-related applications were also affected. The SEC delayed its decision on the 21Shares Ethereum ETF staking amendment, suggesting a wider pause across crypto-related filings.

Broader Delays Reflect Regulator’s Cautious Approach

The SEC has taken a similar stance with other altcoin ETF proposals, including pending applications for Solana (SOL), Cardano (ADA), Avalanche (AVAX), Hedera (HBAR), and meme-based tokens like PENGU. Many of these filings now face final deadlines in October.

All five XRP ETF filings were postponed in the same announcement, reinforcing expectations that decisions will come together. Analysts believe the SEC may approve or deny all the crypto ETF proposals simultaneously.

The commission has also postponed decisions on ETFs tied to Bitcoin and Ethereum from Truth Social. These delays indicate that the SEC is reviewing all pending ETF filings in the broader digital asset market as a group.

While the new deadlines push final decisions to October, issuers and market participants continue to await clarity. The SEC has not suggested any changes to its criteria for evaluating digital asset ETFs at this time.

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