#AltcoinETFsPostponed

SEC delays approval of multiple altcoin ETFs

The U.S. Securities and Exchange Commission (SEC) has decided to delay the approval of a series of ETF proposals related to altcoins such as Solana (SOL), XRP, Litecoin (LTC), and Dogecoin (DOGE). This move comes amid growing criticism of the SEC's

The SEC has temporarily postponed decisions on multiple ETFs, some of which were due for approval. Applications related to Solana have reached their deadlines but continue to be extended.

• Specifically, ETFs related to XRP still have time for the SEC to make a final decision. The SEC has also delayed applications from companies like Canary and Grayscale, but this does not apply to Bitwise, one of the new ETF issuers.