#AltcoinETFsPostponed
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several proposed spot exchange-traded funds (ETFs) for altcoins, including XRP, Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Hedera (HBAR), and Polkadot (DOT). These delays, announced on April 29, 2025, extend the review periods for these applications, with some decisions now expected by mid-June and others potentially delayed until October.
For instance, the SEC has extended the review period for Franklin Templeton’s spot XRP ETF filing to June 17, 2025. Similarly, decisions on Ethereum staking and Dogecoin ETFs have been postponed, with analysts predicting final rulings by October 2025. citeturn0search0turn0search4
Despite these delays, industry experts view them as procedural and not indicative of rejection. Bloomberg ETF analysts James Seyffart and Eric Balchunas have noted that such extensions are standard practice, as the SEC often utilizes the full review period before making decisions. citeturn0search3
The SEC's cautious approach reflects its thorough evaluation process for cryptocurrency-based financial products. While these delays may cause short-term uncertainty, they are part of the regulatory framework governing the approval of new financial instruments.
Investors and market participants should stay informed about these developments, as the eventual approval or rejection of these ETFs could have significant implications for the cryptocurrency market.
