TechFlow news, on February 14, Fox Business reporter Eleanor Terrett disclosed that the U.S. Securities and Exchange Commission (SEC) has officially confirmed acceptance of Grayscale and the New York Stock Exchange's (NYSE) filing for a Dogecoin (DOGE) spot ETF (Form 19b-4), as well as Grayscale’s application to convert its XRP Trust into an ETF. This marks a more open stance from the SEC toward cryptocurrency ETF products following Gensler's departure.
Terrett noted that while this acceptance does not imply automatic approval, it represents a clear shift in regulatory attitude compared to the SEC’s outright dismissal last December of a SOL ETF proposal. Grayscale’s XRP ETF application will now enter a 240-day review period following publication in the Federal Register. Meanwhile, applications from other firms including Bitwise, 21Shares, Canary Funds, and WisdomTree are also expected to be accepted in due course.
