“Why is the SEC delaying the approval of 72 altcoin ETFs? Can Polkadot and HBAR break through?”

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Polkadot and HBAR ETFs, stating that it needs more time for review. What is the deeper meaning behind this?

Surge in crypto ETFs: 72 crypto-related ETF proposals are in the queue, including Solana, XRP, Dogecoin, etc., but most are still waiting.

ETF does not equal popularity: Even if the ETF is approved, it does not mean that investors will automatically flock in. The Grayscale Polkadot ETF is an example; it may lead to broader acceptance but does not mean an immediate explosion.

Market heat cooling down: Institutional investors prefer more liquid assets like Bitcoin and Ethereum, while altcoin ETFs still need to overcome liquidity and regulatory issues.

Overall, the approval of altcoin ETFs like Polkadot and HBAR may come sooner or later, but for now, it’s just a waiting game. Who can break through will depend on how the SEC plays its cards!