{"id":50271,"date":"2025-09-30T13:31:33","date_gmt":"2025-09-30T13:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50271"},"modified":"2025-09-30T13:31:33","modified_gmt":"2025-09-30T13:31:33","slug":"spot-xrp-and-dogecoin-etf-approval-odds-hit-100-says-bloomberg-expert","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50271","title":{"rendered":"Spot XRP And Dogecoin ETF Approval Odds Hit 100%, Says Bloomberg Expert"},"content":{"rendered":"
\n

Bloomberg Intelligence senior ETF analyst Eric Balchunas says the odds of spot ETFs for XRP and Dogecoin winning US approval are now 100%, arguing that last week\u2019s rule change to adopt generic listing standards has rendered the old approval clock irrelevant and left only registration statements awaiting a final sign-off from the SEC\u2019s Division of Corporation Finance.<\/p>\n

\u201cHonestly the odds are really 100% now. Generic listing standards<\/a> make the 19b-4s and their \u2018clock\u2019 meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance,\u201d he wrote<\/a>, adding that applicants for Solana ETFs have already filed another round of amendments, a sign the process is in its final stages. \u201cThe baby could come any day. Be ready.\u201d<\/p>\n

Balchunas\u2019 call follows a flurry of developments triggered by the SEC\u2019s September 18 approval of \u201cgeneric listing standards\u201d at NYSE Arca, Nasdaq and Cboe. That decision allows exchanges to list certain commodity-based ETPs\u2014including crypto spot products that meet the criteria\u2014without submitting a separate rule change under Exchange Act Section 19(b).<\/p>\n

In effect, the long, deadline-driven 19b-4 process that governed coin-by-coin approvals is no longer required for qualifying products; instead, the remaining gating item is the effectiveness of an issuer\u2019s S-1 registration. The agency framed the change as bringing commodity ETPs onto a more streamlined path, while Commissioner Hester Peirce emphasized that, once an ETP fits the standard, an exchange can list it without prior 19(b) approval.<\/p>\n

What This Means For Spot XRP And Dogecoin ETFs<\/h2>\n

The near-term catalyst for XRP and DOGE specifically emerged from reporting by Eleanor Terrett, who said the SEC has asked issuers of proposed spot ETFs for Litecoin, XRP, Solana, Cardano and Dogecoin to withdraw their pending 19b-4 filings because those forms are no longer needed in the \u201cpost-GLS\u201d regime.<\/p>\n

\u201cSCOOP: The SEC has asked issuers of LTC, XRP, SOL, ADA, and DOGE ETFs to withdraw their 19b-4 filings following the approval of the generic listing standards, which replace the need for those filings. Am told withdrawals could start happening as soon as this week,\u201d Terrett posted.<\/p>\n

She later added, \u201cMore context for those asking whether withdrawal is a bad thing: the short answer is no\u2026 when the SEC approved the generic listing standards two weeks ago, it eliminated the need for exchanges to file 19b-4 forms<\/a> to list individual token ETFs, simplifying and speeding up the process.\u201d<\/p>\n

Balchunas endorsed that interpretation, calling Terrett\u2019s report a \u201cnice scoop\u201d and noting that analysts had anticipated this shift once generic standards were finalized. \u201cThis was something we thought could happen. It makes sense as you don\u2019t need 19b-4s in the post-GLS world. Just not sure how the launch schedule will work yet,\u201d he wrote, suggesting timing is now primarily an issuer and Corp Fin coordination question rather than a statutory countdown.<\/p>\n

Evidence that S-1s are indeed the remaining lever is visible on EDGAR. In recent days multiple Solana spot ETF applicants<\/a>, including VanEck and 21Shares, submitted fresh S-1\/A amendments\u2014VanEck\u2019s docket shows an \u201cAmendment No. 4\u201d filed late last week, while 21Shares likewise posted Amendment No. 4\u2014consistent with the end-game polishing typical before effectiveness. While those updates are for Solana, the same filing pathway would apply to any spot XRP or DOGE product under the new standards.<\/p>\n

However, none of this guarantees immediate launches or provides a definitive timetable. The operative question now is not whether the SEC can approve such funds under its own rules\u2014it can\u2014but when Corp Fin will declare the S-1s effective and how exchanges and issuers will choreograph first-day listings under the new regime.<\/p>\n

At press time, XRP traded at $2.89.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Bloomberg Intelligence senior ETF analyst Eric Balchunas says the odds of spot ETFs for XRP and Dogecoin winning US approval are now 100%, arguing that last week\u2019s rule change to adopt generic listing standards has rendered the old approval clock irrelevant and left only registration statements awaiting a final sign-off from the SEC\u2019s Division of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50271","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50271"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50271\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}