SEC Pushes Back on Its Decision Over Two Crypto ETFs, the Bitwise Dogecoin ETF and Grayscale HBAR ETF.

The U.S. Securities and Exchange Commission (SEC) has pushed back on its decision over two crypto ETFs, the Bitwise Dogecoin ETF and Grayscale Hedera (HBAR) ETF.

The U.S. Securities and Exchange Commission (SEC) has extended its review of two crypto ETFs, one for Dogecoin and the other for Hedera, according to a Monday report by Blockavise.

Specifically, the SEC has decided to defer its decision on both the Bitwise Dogecoin ETF and the Grayscale Hedera (HBAR) ETF.

The Dogecoin ETF, which is supported by Coinbase Custody, will enable investors to gain exposure to Dogecoin without needing to personally hold the cryptocurrency. It was originally submitted on March 3, 2025, and subsequently entered a public comment period, which has been extended to provide the SEC with more time to evaluate the ETF.

On the other hand, Grayscale is aiming to launch an ETF that tracks Hedera, another prominent crypto asset. This trust would hold only HBAR and be listed on Nasdaq.

This ETF is also being backed by Coinbase Custody and designed to help traditional investors gain exposure to Hedera without having to buy or store HBAR directly. The proposal for the ETF was filed on February 28, 2025, and similarly entered a public comment phase shortly after.

The SEC had until June 1 to approve or reject proposals of both the Dogecoin and Hedera ETFs. However, instead of making a decision, the regulator has chosen to prolong the review process, commencing formal proceedings in order to solicit further public comment and undertake a more thorough analysis.

Both delays don’t mean rejection, they just show the SEC is being more attentive as crypto-based investment products become more common.

Earlier this month, the SEC also postponed its ruling on two Polkadot ETFs, which are being proposed by two different firms. The regulator is expected to make a decision on the Polkadot ETFs by July 2.

The post U.S. SEC pushes back on decision over two crypto ETFs appeared first on Chain Teller.output: The U.S. Securities and Exchange Commission (SEC) has extended its review of two crypto ETFs, one for Dogecoin and the other for Hedera, according to a Monday report by Blockavise.

Specifically, the SEC has decided to defer its ruling on both the Bitwise Dogecoin ETF and the Grayscale Hedera (HBAR) ETF.

The Dogecoin ETF, which is being supported by Coinbase Custody, will provide investors with access to Dogecoin without actually needing to hold the cryptocurrency. It was originally filed on March 3, 2025, and entered a public comment period, which has since been extended to give the SEC more time for evaluation.

Grayscale, meanwhile, wants to launch an ETF that tracks Hedera (HBAR), another well-known crypto asset. This trust would hold only HBAR and be listed on Nasdaq.

This ETF is also being backed by Coinbase Custody and is designed to help traditional investors gain exposure to Hedera without having to buy or store HBAR directly. The proposal was filed on February 28, 2025, and similarly entered a public comment phase shortly after.

The SEC had until June 1 to approve or reject proposals of both the Dogecoin and Hedera ETFs. However, instead of making a decision, the regulator has chosen to commence formal proceedings in order to solicit further public comment and undertake a more thorough analysis of both proposals.

Both delays don’t mean rejection, they just show the SEC is being more attentive as crypto-based investment products become more common.

Earlier this month, the SEC also postponed its ruling on two Polkadot ETFs, which are being proposed by two different firms. The regulator is expected to make a decision on the Polkadot ETFs by July 2.