SEC Urges Withdrawal of LTC, XRP, SOL, ADA, DOGE ETF Filings: Reasons Behind 2025 Move

The U.S. Securities and Exchange Commission (SEC) has called for the immediate withdrawal of exchange-traded fund (ETF) filings for Litecoin (LTC), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) as of September 29, 2025. This directive, effective at 5:42 PM JST on September 30, 2025, follows the approval of generic listing standards on September 18, streamlining the crypto ETF approval process. The move reflects a regulatory shift impacting the $3.87 trillion crypto market, prompting speculation about future approvals and investor strategies.

What Prompted the SEC’s Decision?

The SEC’s action stems from its September 18 adoption of new generic listing standards, reducing the approval timeline from 240 days to 75 days. This eliminates the need for individual 19b-4 filings, prompting the agency to request issuers like Franklin Templeton to withdraw pending applications for LTC, XRP, SOL, ADA, and DOGE ETFs. Deadlines for decisions, originally set for October and November, are now moot, with a 95% approval likelihood for SOL and XRP by year-end.

• Regulatory Change: New 75-day approval process.
• Filing Impact: Withdrawal of 19b-4s requested.
• Timeline Shift: October-November deadlines canceled.
• Approval Odds: 95% for SOL/XRP by December 2025.

Tokenomics and Market Context

LTC, with 84 million circulating of 84 million total, and XRP, with 56 billion of 100 billion, highlight diverse supply dynamics. SOL (580 million of 589 million), ADA (36 billion of 45 billion), and DOGE (145 billion of 145 billion) reflect varying scarcity and utility. The $220 billion stablecoin market supports liquidity, while the $3.87 trillion market cap, up $52 billion daily, underscores ETF potential.

• LTC Supply: 84M/84M.
• XRP Supply: 56B/100B.
• Stablecoin Role: $220B liquidity buffer.
• Market Cap: $3.87T, +$52B daily.

Why This Matters in 2025

The withdrawal request signals a streamlined regulatory path, potentially fast-tracking SOL and XRP ETFs by November 14, boosting their prices toward $200 and $2.50, respectively. However, delays or rejections could trigger 10-15% dips, urging investors to use audited platforms like Binance for monitoring.

• Regulatory Boost: Faster ETF approvals ahead.
• Price Impact: SOL $200, XRP $2.50 targets.
• Market Risk: 10-15% dip if stalled.
• Strategy Note: Track SEC updates securely.

Real-World Applications

These ETFs enable retail hedging via LTC/DOGE, institutional RWA tokenization with XRP/SOL, and DeFi yields (4-5% APY) on Aave. Emerging markets could leverage ADA for remittances, enhancing global crypto utility.

• Hedging: LTC/DOGE for volatility management.
• RWA Use: XRP/SOL for tokenized assets.
• DeFi Yields: 4-5% APY staking.
• Global Reach: ADA for cross-border transfers.

Conclusion

The SEC’s push to withdraw LTC, XRP, SOL, ADA, and DOGE ETF filings in 2025 marks a regulatory pivot, paving the way for streamlined approvals in a $3.87 trillion market. This shift shapes the future of crypto investment within the evolving blockchain ecosystem.