Dogecoin ETF: A Smoother Road to Approval Than XRP?

The SEC is currently considering Grayscale's filings for XRP and Dogecoin ETFs.That is, the SEC has initiated a process that would enable these investment funds to be listed on the stock market13. The decision is expected within approximately 240 days, perhaps by mid-October 14.

This is different from previously when the SEC was reluctant on crypto ETFs. Pundits believe there's a high likelihood these ETFs will get approved, at 75% for Dogecoin and 65% for XRP149. The SEC is also providing an opportunity for the public to comment on such applications for 21 days35.

The case is slightly more complex for XRP because the SEC and Ripple are currently embroiled in a court battle over whether XRP qualifies as a security123. Dogecoin would possibly find it simpler to be approved because it is not deemed a security