SEC Pauses Solana ETF — Will XRP, DOGE ETFs Follow in June?

By: bitcoin ethereum news|2025/05/14 16:30:06

Key Notes Spot Solana ETFs are anticipated to drive institutional adoption and liquidity, much like Bitcoin ETFs did. Analysts are optimistic about approval by year-end, with Polymarket estimating an 82% chance. The SEC is set to rule on Grayscale’s Polkadot ETF, 21Shares’ Polkadot ETFand both Franklin Templeton’s XRP ETF and Bitwise’s Dogecoin ETF by June. On Tuesday, May 13, the U.S. Securities and Exchange Commission (SEC) announced its decision to delay the spot Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B ETF proposed by Grayscale Investments, pushing the next decision deadline to October 2025. This move comes amid growing demand for crypto ETFs during Donald Trump’s crypto-friendly presidency. As a result, investors are now speculating whether the pending XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B , Dogecoin DOGE $0.18 24h volatility: 5.1% Market cap: $27.07 B Vol. 24h: $1.05 B , and Polkadot DOT $4.22 24h volatility: 2.3% Market cap: $6.42 B Vol. 24h: $134.77 M ETF proposals, due for review next month in June, will face similar delays. The SEC’s decision to postpone the Solana ETF follows its recent delay of Canary Capital’s Litecoin ETF application. Under the leadership of Paul Atkins, the SEC has yet to make a decisive breakthrough in the approval of crypto ETF products. Why Solana ETF Approval Matters for the Ecosystem Spot crypto ETFs play an important role as they drive institutional adoption and liquidity across the market. For instance, the launch of the spot Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B ETF marked a watershed moment for the crypto industry, drawing billions of dollars in inflows within its first year. While Solana ETFs may attract smaller capital flows compared to Bitcoin ETFs, they could still be pivotal in encouraging institutional involvement within the Solana ecosystem over time. By offering a regulatory-compliant investment vehicle, these ETFs have the potential to direct significant capital into the Solana network, bolstering its credibility and standing within traditional financial markets. Despite the ongoing delay by the US SEC, market analysts remain optimistic that spot Solana ETFs could receive approval by the end of the year. According to the decentralized betting platform Polymarket, there is currently an 82% probability of approval for the Solana ETFs by December 31. Meanwhile, Solana’s price has responded positively, mirroring broader crypto market trends. It has surged by 3.52% today, climbing to the $180 mark. What’s in Store for XRP ETF, DOGE ETF, Polkadot Next? Next month in June, three major crypto ETFs are approaching their deadline. The SEC is scheduled to rule on Grayscale’s Polkadot ETF, currently priced at $5.07, by June 11, and 21Shares’ Polkadot ETF by June 24, as stated in a recent court filing. On June 17, decisions are expected regarding Franklin Templeton’s spot XRP ETF, valued at $2.59, and Bitwise’s spot Dogecoin ETF, priced at $0.237, according to official filings. However, these rulings may face delays, as the SEC often utilizes the full 240-day review period for crypto-related financial products. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Polkadot (DOT) News, Cryptocurrency News, News Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills. Bhushan Akolkar on X Source: https://www.coinspeaker.com/us-sec-delays-solana-etf-will-xrp-doge-meet-same-fate/

-- Price

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.