SEC Delays DOGE and XRP ETF Decision Until June! Does This Mean the Bull Market Will Happen Then?

In a move that has left many crypto enthusiasts anxiously awaiting further developments, the U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of the spot XRP and DOGE exchange-traded funds (ETFs) until June 2025.

While the delay is being seen by some as a cause for concern, others are wondering if this extended timeline could mean big things for the crypto market. Let’s dive into the details behind this delay and explore what it might mean for investors, particularly when it comes to the potential for a bull market.

SEC's Delayed Decision on DOGE and XRP ETFs

On April 29, 2025, the SEC revealed its decision to extend the review period for the Franklin Templeton-linked spot XRP ETF until June 17, 2025. This was a standard move, as the SEC is allowed to delay its decisions for up to 240 days after an ETF application has been submitted.

Despite the added time, there is still a sense of uncertainty in the air regarding the future of these altcoin ETFs.

The delay also affected other major applications, such as the Bitwise DOGE ETF, which now faces a June 15, 2025, deadline. Speculation surrounding these decisions has prompted discussions across social media platforms, with investors sharing mixed reactions ranging from optimism to frustration.

The main question that’s circulating in the crypto space now is: Does this delay signal that a bull market could be just around the corner? To answer that, we need to understand the implications of these SEC delays and what they mean for the market.

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Understanding the Impact of the SEC's Delays on the Market

At the heart of the delay is the SEC’s cautious approach to regulating the crypto space. Over the past few years, the SEC has shown a tendency to delay its decisions on crypto ETFs, with Bitcoin and Ethereum spot ETFs taking years to get approval.

However, with new leadership at the SEC, some are hopeful that the process may speed up, especially when it comes to high-demand assets like XRP and DOGE.

The approval of a spot ETF for either XRP or DOGE would be a significant milestone for these cryptocurrencies. ETFs are generally seen as a way to introduce institutional investors to the crypto market, allowing them to gain exposure to these assets without directly owning them.

As such, the potential approval of these ETFs has been anticipated to bring more mainstream adoption of both XRP and DOGE, potentially sparking a bull market for both.

So, what can we expect as we wait for the SEC’s final decision? If the SEC approves either of these ETFs, it could lead to a surge in demand for these altcoins. More demand could push the prices of DOGE and XRP higher, which in turn could spark broader interest in the crypto market.

The Road Ahead: Will We See a Bull Market Post-June?

While it’s impossible to predict the future with absolute certainty, there are a few reasons why the approval of XRP and DOGE ETFS could potentially lead to a bull market.

First, the crypto market thrives on optimism. The news of an ETF approval could catalyse a rally, especially given the pent-up demand for these altcoins. Investors who have been waiting on the sidelines for the SEC’s decision might jump into the market once the road is cleared for institutional involvement.

Second, a positive decision from the SEC could send a signal that the regulatory landscape for crypto is evolving in a more favourable direction. This would reduce some of the uncertainties that have kept institutional investors at bay, paving the way for further investments in digital assets.

That said, some factors could dampen enthusiasm. The SEC’s decision could be delayed further, or it could ultimately deny the approval, which would have the opposite effect, causing prices to dip.

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Other Factors That Could Influence Bull Market Timing

The decision regarding the DOGE and XRP ETFs is not the only factor influencing the market. Other considerations, such as overall market conditions, regulatory news, and technological advancements, will also play crucial roles in determining the timing of a bull market.

For example, the ongoing development of decentralized finance (DeFi) and the increasing integration of blockchain technology into mainstream sectors could continue to support long-term growth for the cryptocurrency market.

Furthermore, developments within the broader financial markets, such as interest and inflation rates, could influence investor sentiment toward risk assets like cryptocurrencies. These factors, coupled with the SEC’s ETF decision, could create the perfect storm for a crypto rally – but the timing remains uncertain.

Conclusion

In conclusion, while the SEC’s delay in deciding on the DOGE and XRP ETFs until June 2025 has sparked much speculation, it’s clear that multiple factors will influence the market’s direction. The approval of these ETFs could potentially serve as a significant milestone for the altcoin market, but it’s just one piece of the puzzle.

The crypto market is complex, and while a bull market may be on the horizon, it will depend on various elements coming together. As we approach June, investors should stay informed and be prepared for any outcome, whether it’s bullish or bearish.

FAQs

1. Why did the SEC delay its decision on the DOGE and XRP ETFs?

The SEC extended its review period to allow more time to evaluate the ETF applications. This is a standard procedure that can extend the decision process by up to 240 days.

2. When will the SEC make its final decision on the DOGE and XRP ETFs?

The SEC has set new deadlines for June 2025: June 15 for the Bitwise DOGE ETF and June 17 for the Franklin Templeton-linked XRP ETF.

3. Could the SEC’s decision lead to a bull market for DOGE and XRP?

If the SEC approves the ETFs, it could lead to increased demand for both DOGE and XRP, potentially driving up prices and sparking a bull market.