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SEC opens door to Grayscale’s Dogecoin and XRP ETFs with surprising acknowledgment – TON BOT

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SEC opens door to Grayscale’s Dogecoin and XRP ETFs with surprising acknowledgment

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The SEC has acknowledged Grayscale’s applications for spot Dogecoin (DOGE) and XRP exchange-traded funds (ETFs), marking the first step in the regulatory review process. This indicates a willingness to consider these crypto ETFs, with potential approval leading to direct exposure to DOGE and XRP for investors. Despite regulatory uncertainty, there is a growing possibility that these ETFs could reach the market. Hashdex also received SEC approval to launch a crypto index ETP on Nasdaq, reflecting the increasing acceptance of crypto-based investment products in traditional financial markets.

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