BULLISH🚀 New DOGE ETF + Ripple and Related Civil Actions Removed from SEC Records

Ripple vs. SEC heads to appeals court as Ripple requests April 16 deadline for response brief

The SEC has removed Ripple-related civil actions from its website as the lawsuit advances to the Court of Appeals for the Second Circuit. Ripple filed a request to extend its response brief deadline to April 16, 2025, following the SEC’s January 15 brief, which seeks to overturn the district court’s rulings. The court previously determined that XRP is not a security, though Ripple’s institutional sales were classified as securities transactions. Ripple’s CEO and legal team criticized the SEC’s appeal as a rehash of failed arguments. The case’s outcome is set to influence US digital asset regulations.

Bitwise files S-1 application for Dogecoin ETF

Bitwise Asset Management has officially filed an S-1 form with the SEC, seeking approval for a Dogecoin-focused exchange-traded fund (ETF). If approved, the ETF would mark a significant milestone for Dogecoin, bringing the popular meme coin further into mainstream financial markets.

The filing signals growing interest in making cryptocurrency investments more accessible through traditional financial vehicles. While details about the fund’s structure and launch timeline remain limited, the move demonstrates Bitwise’s continued push to expand its offerings in the digital asset space.

Ripple CEO discusses XRP as a US strategic reserve asset and calls for diverse crypto reserves

Ripple CEO Brad Garlinghouse revealed discussions with former President Trump about making XRP a US strategic reserve asset, while advocating for a broader and inclusive approach to government crypto reserves. Speaking on the need for a diverse digital asset reserve, Garlinghouse emphasized that it should represent the entire crypto industry, not just a single token like Bitcoin or XRP.

Posting on 𝕏, he reiterated his stance against crypto maximalism, urging the industry to collaborate rather than compete. “The crypto industry has a real shot… if we work together instead of tearing each other down,” he wrote. Garlinghouse also disclosed his holdings, which include XRP, Bitcoin, Ethereum, and others, supporting the idea of a multichain ecosystem.

He criticized maximalist ideologies as a barrier to crypto progress, applauding the industry’s gradual shift toward a more unified approach.