SEC Puts Dogecoin Trust on Hold: Crypto Fans Wait Longer
Published Date: 3/17/2025
Notice
Summary
The SEC is taking extra time to review NYSE Arca’s plan to list and trade shares of the Grayscale Dogecoin Trust. This means investors and traders interested in Dogecoin-based shares will have to wait a bit longer before these shares hit the market. The decision deadline has been extended past April 6, 2025, to make sure everything is carefully considered.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SEC Delays Dogecoin-Trust Decision
If you are an investor or trader interested in shares of the Grayscale Dogecoin Trust, the SEC extended its review deadline from April 6, 2025 to May 21, 2025. That means the Exchange cannot have those shares listed or begin trading until the Commission approves, disapproves, or institutes proceedings by May 21, 2025.
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