The SEC has delayed Bitwise Dogecoin and Grayscale Hedera ETF decision until November
The US Securities and Exchange Commission (SEC) has delayed decisions at Bitwise Dogecoin ETF and the Grayscale Hedera ETF, maintaining both review applications until November 12.
On Tuesday, the SEC pushed its its Deadline In Nyse Arca’s proposal to list Bitwise Dogecoin ETF. The application was first filed in March and was published in the Federal Register on March 17, starting at the time of law review.
On the same day, the agency also expanded the review of the Grayscale application to list Hedera ETF, which sets the same November deadline.
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Grayscale’s updated filings for long Litecoin and Bitcoin Cash Trusts, seeking to convert them from trusts to ETFs. Moving trusts in a national exchange will allow daily sharing of creations and redemption, keeping prices closer to the net asset value and reducing the steep premiums and discounts seen in over-the-counter (OTC) trading.
The company set the precedent in 2024 when it converted the Grayscale Bitcoin Trust (GBTC) In the first place of US Bitcoin ETF after a court battle with Sec. Looking now to apply the same model to Bitcoin Cash (Bch) and Litecoin (LTC).
Related: How high is the Price of Doge when a Dogecoin ETF is approved?
SEC delays feature an uncertain path for ETFs of Altcoin
The promotion of Altcoin ETF applications in 2025 left the SEC with a growing backlog.
Up to July 31, at least 31 Altcoin Spot-ETF Applications was filed in the first half of 2025, including proposals for XRP, Dogecoin, Solana, Litecoin, Avalanche and BNB.
Until August 29, at least 92 Crypto -related products are awaiting decisions in Sec. Interestingly, the institutional interest is especially high for Solana (SOL), with eight applications, and XRP, with seven line applications.
In most cases, the SEC has decided to use the entire length of its review periods, repeatedly expanding deadlines rather than issuing early approval or denial.
In August, the The SEC postponed multiple crypto ETF films.
On August 25, the agency expanded the review of the CBOE BZX proposal to list the WisDometree XRP fund, which sets October 24 as a new deadline, and the same day its decision on Canary Penguing ETF has been delayed until October 12.
Magazine: The U-Turn of the SEC in Crypto leaves basic questions that are not answered
