SEC postpones approval decision on DoZico and XRP ETF to June

The United States Securities and Exchange Commission (SEC) has postponed its decision on approval of Dogecoin (DOGE) and an XRP-based exchange-traded index fund (ETF) to June.
On the 29th (local time), the SEC announced that it would investigate Bitwise's DoZico ETF and Franklin Templeton's XRP
The deadline for deciding on the ETF listing has been extended to June, according to multiple media reports. The two ETFs are listed on the NYSE Arca and Cboe BZX exchanges.
The SEC has requested that 21Shares' DoZico ETF be listed on the Nasdaq Exchange, which filed an application with the SEC in March. On the same day that the postponement was announced, the Nasdaq also requested that 21Shares' DoZico ETF be listed.
Currently, Dozicoin has a market capitalization of approximately $26 billion and is positioned as the most traded meme coin in the world. XRP is a blockchain-based cryptocurrency that is managed by the XRP Ledger.
It is the base token of Twork and has a market capitalization of approximately $133 billion.