LTC and DOGE Face SEC Delays as Crypto ETF Race Heats Up
The Securities and Exchange Commission (SEC) is anticipated to further delay its decision on a Dogecoin (DOGE) ETF, mirroring similar postponements for other cryptocurrency ETFs, including those for XRP, Solana, and Litecoin (LTC). This ongoing regulatory hesitation highlights the competitive yet challenging landscape for crypto investment products seeking approval in 2025. The repeated deferrals, with the latest occurring in April, underscore the SEC’s cautious approach amid growing interest in digital asset ETFs.
SEC Likely to Delay Dogecoin ETF Decision Amid Growing Crypto ETF Race
The Securities and Exchange Commission is expected to postpone its decision on a Dogecoin ETF, continuing a pattern of delays for cryptocurrency investment products. DOGE joins XRP, Solana, and Litecoin in a competitive race for regulatory approval, with the SEC pushing back its review timeline repeatedly since initial filings emerged earlier this year.
April saw another deferral for both dogecoin and XRP ETF proposals, extending the waiting period by at least another month. The regulator’s cautious approach reflects broader uncertainty about cryptocurrency classification and market stability, despite growing institutional interest in digital asset investment vehicles.
Web3Bay Disrupts Crypto Market with Real-World Utility as Kaspa, Cardano, and Litecoin Gain Traction
Retail investors are aggressively scouting the next high-growth cryptocurrency as altcoin narratives gain momentum. While established projects like Kaspa (KAS), Cardano (ADA), and Litecoin (LTC) demonstrate robust technical foundations, Web3Bay (3BAY) emerges as a dark horse with immediate practical applications.
The decentralized e-commerce platform has raised $1.8 million in presale by embedding token utility into payments and staking rewards—a tangible departure from speculative crypto projects. Unlike protocols banking on institutional adoption, 3BAY’s model directly monetizes user engagement through its operational framework.
Dogecoin Outshines Litecoin and Bitcoin Cash as Proof-of-Work Sector Rallies
Dogecoin surged 14% on Thursday, outpacing Litecoin and Bitcoin Cash as Bitcoin’s rally above $100,000 reignited interest in Proof-of-Work cryptocurrencies. The sector’s aggregate valuation climbed 5.7%, according to Coingecko data, outperforming the broader crypto market.
DOGE grazed $0.20 during the rally, while Bitcoin Cash and Ethereum Classic also posted double-digit gains. The movement underscores how Bitcoin’s dominance continues to shape altcoin performance, particularly among mining-based assets.