- The Wall Street's analyst project that US SEC approves a bunch of Crypto ETF spots possibly before the end of the third quarter.
- Dogecoin price indicates an imminent rally towards all times high in the near future.
The United States Securities and Exchange Commission (SEC) has delayed the decision making on the proposed change of the listing rules and trade sharing of Bitwise Dogecoin ETF under the NYSE ARCA. According to the announcement by Sherry Haywood, SEC assistant secretary, the agency appointed the June 15, 2025 as the next date the commission will decide the Bitwise Dogecoin ETF.
“The commission has found that it is appropriate to assign a longer period of time where the action will be taken to the proposed rule change so that it has enough time to consider the proposed rule change and the issues that have been up there,” the announcement mentioned.
Closer to view the SEC Playbook in Dogecoin ETF
The US SEC delayed the decision making for many Crypto ETF products on Monday, led by Spot XRP and Dogecoin ETF. According to James Seyffart, a Senior Analyst of the ETF in Bloomberg, the US SEC is likely to delay decisions for Spot Solana (SOL) and Hedera (HBAR) this week.
However, Seyffart's opinion that the SEC, under Paul Atkins' new leadership, approved a group of Crypto ETF spots in the third quarter and before the final deadlines in mid -October.
DEGE PRICE ADVICE
The initial sale of Dogecoin expected in the first quarter was significantly reduced after the Meme Lord closed last week with a bullish outlook. Large Cap Memecoin, with a fully melted appreciation of nearly $ 26.7 billion and a 24 -hour average trading volume around $ 1 billion, gained more than 15 percent over the past two weeks to trade nearly $ 0.179 at the time of this writing.
From a technical analysis perspective, the Equer's price will properly enter the price detection phase in the coming months. According to Crypto Analyst Ali Martinez, Doge Price can recover all time high at 74 cents, if Memecoin closes April above 20 cents.
