#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has delayed its decision on several altcoin-related ETF applications. Here are the latest updates:

- *XRP ETF*: The SEC postponed its decision on Franklin Templeton's spot XRP ETF until *June 17, 2025*. Other XRP ETF applications from companies like Grayscale, Canary Capital, and Bitwise are also pending.

- *DOGE ETF*: The SEC delayed its decision on Bitwise's DOGE ETF application until *June 15, 2025*, although the exact date might slightly vary based on different sources mentioning mid-June deadlines.

These delays are part of the standard regulatory process, allowing the SEC more time to evaluate proposed rule changes. Analysts believe this doesn't necessarily affect the ultimate likelihood of approval, drawing parallels to similar delays experienced with Bitcoin and Ethereum ETFs before their approvals ¹ ².

Some key reasons behind these delays include ¹:

- *Complex Asset Evaluation*: The SEC needs to understand the market structure and potential risks associated with these assets.

- *Investor Protection*: Ensuring the ETF structure mitigates risks linked to asset volatility.

- *Setting Precedents*: Approving these ETFs could set precedents for other altcoin ETFs.

Over 70 crypto ETF proposals, including those for Solana, Litecoin, and other altcoins, are currently under review. The outcome of these decisions could significantly impact the crypto market and investor sentiment ³.