@dogecoin priceDOGE

Phoenix: SEC WEBSITE SHOWS 19b-4 WITHDRAWALS FOR SOLANA, XRP, CARDANO, LITECOIN, DOGECOIN, POLKADOT, HEDERA AND ETH STAKING ETFS FOLLOWING GENERIC LISTING STANDARDS Phoenix: 美国证券交易委员会网站显示，按照通用上市标准，Solana、XRP、Cardano、Litecoin、Dogecoin、Polkadot、Hedera 以及 ETH Staking ETF 的19b-4申请已被撤回 ———————————— 2025-09-30 14:24:55

$DOGE - Each time price has flipped the bull market support bands, we have witnessed a big pump in dogecoin. God candle incoming ? 🤔

Withdrawal of Existing Crypto ETF Applications U.S. Securities and Exchange Commission (SEC) instructing issuers of various cryptocurrency Exchange Traded Funds (ETFs) to formally retract their 19b-4 filings. These filings are formal requests made by exchanges to the SEC to change their rules, typically to allow the listing of new financial products like ETFs.  Why the withdrawal? The SEC's request stems from its recent approval of "generic listing standards" for commodity-based exchange-traded products, including those tied to cryptocurrencies. These new standards eliminate the need for individual 19b-4 filings for each new crypto ETF, as they provide a streamlined framework for exchanges to list these products, provided the underlying assets meet specific criteria. Affected Cryptocurrencies: The directive specifically targets ETFs related to several prominent altcoins, including XRP, Litecoin (LTC), Solana (SOL), Cardano (ADA), and Dogecoin (DOGE), among others. Implications: While requiring withdrawals, this move is not seen as a setback but rather a sign that the SEC's new, more efficient framework for crypto ETF approvals is now active. It eliminates the lengthy, case-by-case review process under the old 19b-4 system, which could take up to 240 days. Issuers are now expected to resubmit their applications under the streamlined S-1 registration process, as detailed in topic 5.  Transition to S-1 Filings and Generic Standards This topic highlights the shift in the regulatory pathway for crypto ETFs, moving away from individual 19b-4 filings towards a reliance on S-1 registration forms and adherence to the newly approved generic listing standards. S-1 Registration Forms: The S-1 form is a comprehensive registration statement that ETF issuers must file with the SEC, providing detailed information about the fund's structure, investment strategy, risks, and other essential details for investors. Under the new framework, the S-1 filing becomes the primary document for SEC review and approval for crypto ETFs meeting the generic listing standards. Generic Listing Standards: These are pre-defined criteria established by the SEC that allow exchanges to list certain commodity-based ETFs, including those linked to cryptocurrencies, without requiring a separate rule change approval for each product. Key criteria for eligibility include: The underlying crypto asset must have a regulated futures market on an exchange like Coinbase, with at least six months of trading history and surveillance-sharing agreements in place. Alternatively, the asset may be eligible if it's already tracked by an existing ETF with at least 40% exposure listed on a national securities exchange. Benefits of the Transition: This transition is designed to significantly streamline and potentially accelerate the approval process for crypto ETFs by reducing redundant filings and relying on established, objective criteria, potentially shortening the timeline from several months to as little as 75 days. It represents a move towards aligning crypto ETF approvals with the processes used for other commodity-based exchange-traded products, fostering a more mature and efficient regulatory environment for digital asset investment products. 

The 𝐔.𝐒. 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 & 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧 (𝐒𝐄𝐂) has delivered a regulatory shockwave by instructing issuers of multiple 𝐜𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐄𝐓𝐅𝐬 — including 𝐋𝐢𝐭𝐞𝐜𝐨𝐢𝐧 ($LTC ), $XRP , 𝐒𝐨𝐥𝐚𝐧𝐚 ($SOL ), 𝐂𝐚𝐫𝐝𝐚𝐧𝐨 ($ADA ), 𝐚𝐧𝐝 𝐃𝐨𝐠𝐞𝐜𝐨𝐢𝐧 ($DOGE ) — to 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰 𝐭𝐡𝐞𝐢𝐫 𝟏𝟗𝐛-𝟒 𝐟𝐢𝐥𝐢𝐧𝐠𝐬. This dramatic order comes right after the SEC approved a 𝐠𝐞𝐧𝐞𝐫𝐢𝐜 𝐥𝐢𝐬𝐭𝐢𝐧𝐠 𝐬𝐭𝐚𝐧𝐝𝐚𝐫𝐝, reshaping the way crypto ETFs will be evaluated and launched in the U.S. 𝐖𝐡𝐚𝐭 𝐄𝐱𝐚𝐜𝐭𝐥𝐲 𝐇𝐚𝐩𝐩𝐞𝐧𝐞𝐝 ❓ 🔶 The SEC rolled out 𝐂𝐨𝐦𝐦𝐨𝐧 𝐋𝐢𝐬𝐭𝐢𝐧𝐠 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬 for commodity-based ETPs, covering crypto ETFs. 🔶 Under these rules, 𝐬𝐞𝐩𝐚𝐫𝐚𝐭𝐞 𝟏𝟗𝐛-𝟒 𝐟𝐢𝐥𝐢𝐧𝐠𝐬 are no longer necessary. 🔶 As a result, issuers of LTC, XRP, SOL, ADA, and DOGE ETFs have been told to 𝐩𝐮𝐥𝐥 𝐛𝐚𝐜𝐤 𝐭𝐡𝐞𝐢𝐫 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬. 🔶 The 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥 𝐩𝐫𝐨𝐜𝐞𝐬𝐬 begins this week, signaling a swift regulatory reset. 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬 📊 🔶 This is 𝐧𝐨𝐭 𝐚 𝐫𝐞𝐣𝐞𝐜𝐭𝐢𝐨𝐧, but a 𝐬𝐲𝐬𝐭𝐞𝐦𝐢𝐜 𝐮𝐩𝐠𝐫𝐚𝐝𝐞. 🔶 The SEC is 𝐬𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐢𝐳𝐢𝐧𝐠 𝐭𝐡𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬, eliminating redundant applications. 🔶 A 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞𝐝 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 reduces regulatory friction and accelerates market readiness. 🔶 Investors benefit from 𝐜𝐥𝐚𝐫𝐢𝐭𝐲, 𝐟𝐚𝐬𝐭𝐞𝐫 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐝𝐮𝐜𝐞𝐝 𝐮𝐧𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐦𝐩𝐚𝐜𝐭 🚀 🔶 𝐒𝐡𝐨𝐫𝐭-𝐓𝐞𝐫𝐦: Headlines may trigger 𝐅𝐔𝐃 𝐚𝐧𝐝 𝐯𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲, with traders reacting before understanding the nuance. 🔶 𝐌𝐢𝐝-𝐓𝐞𝐫𝐦: The new standard clears the way for 𝐟𝐚𝐬𝐭𝐞𝐫 𝐄𝐓𝐅 𝐚𝐩𝐩𝐫𝐨𝐯𝐚𝐥𝐬, meaning potential product launches at an accelerated pace. 🔶 𝐋𝐨𝐧𝐠-𝐓𝐞𝐫𝐦: The alignment with 𝐦𝐚𝐢𝐧𝐬𝐭𝐫𝐞𝐚𝐦 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬 unlocks broader 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧, deeper 𝐥𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲, and potentially 𝐛𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐢𝐧 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐢𝐧𝐟𝐥𝐨𝐰𝐬. 𝐖𝐢𝐝𝐞𝐫 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐜𝐞 🌍 🔶 This move shows that the SEC is 𝐦𝐨𝐯𝐢𝐧𝐠 𝐚𝐰𝐚𝐲 𝐟𝐫𝐨𝐦 𝐚 𝐩𝐢𝐞𝐜𝐞𝐦𝐞𝐚𝐥 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 to ETF approvals. 🔶 Instead, it is laying the groundwork for a 𝐮𝐧𝐢𝐯𝐞𝐫𝐬𝐚𝐥 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤, much like traditional commodities and equity ETFs. 🔶 It signals 𝐜𝐫𝐲𝐩𝐭𝐨’𝐬 𝐦𝐢𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐢𝐧𝐭𝐨 𝐦𝐚𝐢𝐧𝐬𝐭𝐫𝐞𝐚𝐦 𝐟𝐢𝐧𝐚𝐧𝐜𝐞, where the rules of the game are clearer, faster, and more scalable. 🔶 For regulators, it means fewer bottlenecks. For investors, it means stronger trust in the market. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲 ⚡ The SEC’s directive is a 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐮𝐩𝐠𝐫𝐚𝐝𝐞 — not a denial. By moving to a 𝐠𝐞𝐧𝐞𝐫𝐢𝐜 𝐬𝐭𝐚𝐧𝐝𝐚𝐫𝐝, the U.S. market is entering a phase of 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞𝐝 𝐄𝐓𝐅 𝐥𝐚𝐮𝐧𝐜𝐡𝐞𝐬, unlocking the next chapter of 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐜𝐫𝐲𝐩𝐭𝐨 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧. This is less about rejection — and more about resetting the rules for growth. 📌 𝐃𝐘𝐎𝐑, 𝐬𝐭𝐚𝐲 𝐚𝐥𝐞𝐫𝐭, 𝐚𝐧𝐝 𝐰𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐜𝐫𝐲𝐩𝐭𝐨 𝐄𝐓𝐅 𝐞𝐫𝐚 𝐮𝐧𝐟𝐨𝐥𝐝. 🚀