AltcoinETFsPostp
54 views
3 Discussing
Hot
Latest
Altcoin
The U.S. SEC has postponed decisions on several altcoin exchange-traded fund (ETF) applications, including two linked to XRP.
The regulator announced the delay on March 11, extending its review period for multiple proposed ETFs. The decision affects applications from various firms, including Grayscale, VanEck, 21Shares, and Canary. The SEC cited the need for additional time to evaluate the proposals and related issues before reaching a final decision.
SEC Extends Review Period for XRP ETF Applications
The SEC’s delay includes multiple XRP ETF applications, affecting filings from Grayscale and Canary. According to the official statements, the proposed rule change allowing an XRP ETF underwent amendments before publication in the Federal Register on February 20, 2025. The initial 45-day review period was set to expire on April 6, 2025.
However, the commission has now extended the deadline, setting May 21, 2025, as the new decision date. This extension provides regulators with additional time to assess the filings.
Among the postponed applications, Canary’s request for a spot XRP ETF will now be considered on May 22, 2025. Meanwhile, Grayscale’s application for an XRP ETF also faces the same delay. The SEC’s decision aligns with similar extensions granted for other crypto ETFs.
#AltcoinETFsPostp #XRP #ETF
The regulator announced the delay on March 11, extending its review period for multiple proposed ETFs. The decision affects applications from various firms, including Grayscale, VanEck, 21Shares, and Canary. The SEC cited the need for additional time to evaluate the proposals and related issues before reaching a final decision.
SEC Extends Review Period for XRP ETF Applications
The SEC’s delay includes multiple XRP ETF applications, affecting filings from Grayscale and Canary. According to the official statements, the proposed rule change allowing an XRP ETF underwent amendments before publication in the Federal Register on February 20, 2025. The initial 45-day review period was set to expire on April 6, 2025.
However, the commission has now extended the deadline, setting May 21, 2025, as the new decision date. This extension provides regulators with additional time to assess the filings.
Among the postponed applications, Canary’s request for a spot XRP ETF will now be considered on May 22, 2025. Meanwhile, Grayscale’s application for an XRP ETF also faces the same delay. The SEC’s decision aligns with similar extensions granted for other crypto ETFs.
#AltcoinETFsPostp #XRP #ETF
#AltcoinETFsPostponed SEC Postpones Decisions on Multiple Altcoin ETFs Amid Regulatory Review – April 30, 2025
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on several altcoin-based exchange-traded funds (ETFs), including those tied to Solana (SOL), XRP, Dogecoin (DOGE), and Litecoin (LTC). This move affects applications from major firms such as Grayscale, Bitwise, 21Shares, and Franklin Templeton.  
Key Highlights:
• Extended Review Periods: The SEC has designated longer periods to consider proposed rule changes necessary for these ETFs to move forward, citing the need for additional time to evaluate the proposals and consider public feedback. 
• Leadership Transition: The delays coincide with a leadership change at the SEC, as Paul Atkins, known for his crypto-friendly stance, awaits confirmation as the new Chair. Analysts suggest that his appointment could influence the regulatory approach to digital asset investment products. 
• Market Impact: Despite the postponements, market analysts remain optimistic about the eventual approval of these altcoin ETFs, with some estimating approval odds of 65% or higher by the end of the year. 
Investors are advised to stay informed about regulatory developments, as the SEC’s decisions will significantly impact the accessibility and institutional adoption of altcoin-based investment products. 
Note: Cryptocurrency investments carry inherent risks. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.
#AltcoinETFsPostp #SEC #CryptoRegulation #BinanceSquare
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on several altcoin-based exchange-traded funds (ETFs), including those tied to Solana (SOL), XRP, Dogecoin (DOGE), and Litecoin (LTC). This move affects applications from major firms such as Grayscale, Bitwise, 21Shares, and Franklin Templeton.  
Key Highlights:
• Extended Review Periods: The SEC has designated longer periods to consider proposed rule changes necessary for these ETFs to move forward, citing the need for additional time to evaluate the proposals and consider public feedback. 
• Leadership Transition: The delays coincide with a leadership change at the SEC, as Paul Atkins, known for his crypto-friendly stance, awaits confirmation as the new Chair. Analysts suggest that his appointment could influence the regulatory approach to digital asset investment products. 
• Market Impact: Despite the postponements, market analysts remain optimistic about the eventual approval of these altcoin ETFs, with some estimating approval odds of 65% or higher by the end of the year. 
Investors are advised to stay informed about regulatory developments, as the SEC’s decisions will significantly impact the accessibility and institutional adoption of altcoin-based investment products. 
Note: Cryptocurrency investments carry inherent risks. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.
#AltcoinETFsPostp #SEC #CryptoRegulation #BinanceSquare
#AltcoinETFsPostponed
Altcoin ETFs Postponed: Market Impact and Investor Sentiment
The anticipated launch of Altcoin Exchange-Traded Funds (ETFs) has been delayed, causing ripples across the cryptocurrency market. Originally expected to provide a regulated avenue for investing in altcoins, the postponement has led to investor uncertainty and market volatility. Many had hoped that these ETFs would offer exposure to a diversified basket of altcoins, potentially attracting institutional investors and increasing mainstream adoption.
The delay has also affected the performance of several altcoins, with some experiencing price fluctuations as traders adjust their strategies. Despite this setback, analysts remain optimistic about the long-term prospects of altcoins, citing ongoing developments in blockchain technology and decentralized finance. Investors are advised to stay informed and consider the inherent risks and rewards associated with altcoin investments.
#altcoins #AltcoinETFsPostp
Altcoin ETFs Postponed: Market Impact and Investor Sentiment
The anticipated launch of Altcoin Exchange-Traded Funds (ETFs) has been delayed, causing ripples across the cryptocurrency market. Originally expected to provide a regulated avenue for investing in altcoins, the postponement has led to investor uncertainty and market volatility. Many had hoped that these ETFs would offer exposure to a diversified basket of altcoins, potentially attracting institutional investors and increasing mainstream adoption.
The delay has also affected the performance of several altcoins, with some experiencing price fluctuations as traders adjust their strategies. Despite this setback, analysts remain optimistic about the long-term prospects of altcoins, citing ongoing developments in blockchain technology and decentralized finance. Investors are advised to stay informed and consider the inherent risks and rewards associated with altcoin investments.
#altcoins #AltcoinETFsPostp
Login to explore more contents