#AltcoinETFsPostponed

The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin ETF proposals, including¹ ²:

- *Franklin Templeton's XRP ETF*: The SEC has extended the review period to June 17, 2025, citing the need for additional time to evaluate the proposed rule change and address regulatory issues.

- *Bitwise's Dogecoin ETF*: The SEC has delayed its decision on the proposed ETF listing until June, according to filings reviewed by Cointelegraph.

- *Polkadot ETF*: The SEC has postponed making a decision on Grayscale's proposed Polkadot ETF until June 11, 2025.

These delays are part of a larger trend, with the SEC currently reviewing around 70 crypto ETF proposals. Analysts believe that these delays are procedural and don't necessarily signal rejection, citing the approval process for Bitcoin and Ethereum ETFs.³

Some key points to consider:

- *Market Impact*: The delays have affected the prices of the underlying cryptocurrencies, with XRP experiencing a 3% loss after the announcement.

- *Investor Demand*: There may be tepid investor demand for altcoin ETFs compared to funds holding core cryptocurrencies like Bitcoin and Ether.

- *Regulatory Environment*: The SEC's approach to digital assets is under scrutiny, with some experts believing that the regulatory environment may shift under new leadership.