SEC Considers Grayscale's Proposals for Dogecoin and XRP ETFs

SEC考虑了灰牛关于狗狗和XRP ETF的建议

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's proposals to convert its Dogecoin and XRP trusts into spot exchange-traded funds (ETFs). The SEC seeks public input before making a decision on their approval.

美国证券交易委员会（SEC）已确认Grayscale的提议将其Dogecoin和XRP Trusts转换为现货交易所交易资金（ETFS）。 SEC在决定其批准之前先寻求公众意见。

Public Input Sought

寻求公众意见

Interested parties can submit their feedback within 21 days of publication in the Federal Register. The SEC will then evaluate the proposals and make its decision.

有兴趣的当事方可以在联邦公报发布后的21天内提交反馈。 SEC然后将评估建议并做出决定。

Grayscale's Strategy

灰度的策略

Grayscale's move demonstrates its commitment to expanding its cryptocurrency offerings and providing regulated access to digital assets for investors.

Grayscale的举动表明了其致力于扩大其加密货币产品并为投资者提供受监管的数字资产访问权限。

19b-4 Filing Process

19b-4备案过程

The 19b-4 filing triggers the SEC's review process. The agency has 240 days to make a decision, with an initial 45-day period.

19b-4归档触发了SEC的审查过程。该机构有240天的决定，最初为45天。

Dogecoin ETF Structure

Dogecoin ETF结构

Authorized participants would handle cash transactions, minimizing direct exposure to Dogecoin (DOGE). Coinbase Custody will manage DOGE custody, while BNY Mellon will handle administration. Pricing data will come from regulated U.S. platforms.

授权参与者将处理现金交易，最大程度地减少直接接触Dogecoin（Doge）。 Coinbase监护权将管理Doge监护权，而BNY Mellon将处理政府。定价数据将来自受管制的美国平台。

Dogecoin's Evolution

多霉素的进化

Dogecoin has evolved from a meme coin to a recognized digital asset, accepted by over 2,500 merchants and utilized for charitable initiatives.

Dogecoin已从模因硬币发展为公认的数字资产，被2500多家商人接受，并用于慈善计划。

Broader Context

更广泛的背景

Grayscale's proposals are part of a surge in applications for cryptocurrency ETFs. The SEC's regulatory approach appears more receptive, encouraging firms to advance their ETF initiatives.

灰度的建议是加密货币ETF应用程序的一部分。 SEC的监管方法似乎更容易接受，鼓励公司推进其ETF计划。

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

免责声明：本文仅用于信息目的，不构成投资建议。