Right. So the SEC-those absolute delights of bureaucracy-have decided to toss 19b-4 filings into the bin like last season’s Prada handbag. 👜💥 Issuers of ETFs tied to XRP, Litecoin, Solana, Cardano, and Dogecoin (yes, Dogecoin, the crypto equivalent of a Shih Tzu in a hand-knitted jumper) have been politely asked to withdraw their filings. Because, apparently, “generic listing standards” are now a thing. How thrillingly efficient.
What Is a 19b-4 Filing? (And Why Should You Care?)
Imagine you’re trying to get into an exclusive club (let’s call it ETF Land), and the bouncer-sorry, the SEC-demands you fill out a 19b-4 form in triplicate, with references, and a handwritten apology for existing. Now? They’ve replaced it with a VIP wristband system. Still pretentious, but marginally less paperwork. 📋🔥
Deadlines? What Deadlines? 🤷♀️
Several issuers were sweating over October and November deadlines like contestants on Love Island waiting for a text. But surprise! The SEC just swiped left on those dates. Now, everything hinges on the S-1 registration process-basically the ETF version of a Tinder bio. “Likes long walks to ATH, no rug pulls, swipe right for moon.” 🌕💘
XRP’s Big Moment (Or Not?)
XRP fans are vibrating with excitement like a Chihuahua on espresso. The SEC’s move doesn’t technically delay anything, but it does mean approvals could drop anytime-like an unexpected DM from an ex. 📲👀
SEC clears path for XRP ETF: Finish line in sight
The SEC just told ETF issuers to withdraw their 19b-4 filings. Why?
Because new streamlined process makes them unnecessary.And the timing couldn’t be bigger for #XRP .
Decision deadlines are days away:
Grayscale -…– Jungle Inc Crypto News (@jungleincxrp) September 29, 2025
Without deadlines, the SEC can now approve (or reject) applications whenever they fancy-like a moody cat deciding whether to grace you with its presence. 🐈⬛✨
The Road Ahead: Buckle Up, Buttercup 🚀
Analysts insist this isn’t a setback-just the SEC finally using the “fast lane” they installed after years of bureaucratic gridlock. For XRP, DOGE, and friends, it’s now a race to update filings. Investors, brace yourselves: the window is either wide open or nailed shut until 2026. Place your bets. 🎰💸
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2025-09-30 07:53