SEC Urges Immediate Withdrawal of LTC, XRP, SOL, ADA, DOGE ETF Filings – Why?

The U.S. Securities and Exchange Commission (SEC) has instructed issuers of proposed spot exchange-traded funds (ETFs) for Litecoin, XRP, Solana, Cardano, and Dogecoin to withdraw their pending Form 19b-4 filings.

The move follows the agency’s September 18 approval of generic listing standards, which streamline the process for bringing new cryptocurrency ETFs to market.