#AltcoinETFsPostponed is a tag referring to the U.S. Securities and Exchange Commission (SEC) postponing its decisions on several ETFs related to altcoins. On April 29, 2025, the committee announced an extension of review periods for several applications, including funds linked to XRP, DOGE, SOL, HBAR, and DOT.
Details of the delay
XRP ETF: The SEC's decision on Franklin Templeton's XRP fund has been postponed until June 17, 2025, with the possibility of extending it until October 2025.
DOGE ETF: The committee's decision on Bitwise's DOGE fund has been postponed until June 15, 2025.
SOL and HBAR ETFs: The committee's decisions on the SOL and HBAR funds have been postponed, with expectations that the final deadlines will be in October 2025 or later.
Reasons for the delay
The SEC follows specific legal timelines to review ETF applications, which include review periods of up to 240 days after the application is submitted. Reasons for the delays include the need for more time to assess proposed changes to rules and address regulatory issues raised in the applications.
Future expectations
Despite the delays, market analysts believe that the chances of approval for altcoin ETFs remain high in 2025. Analysts indicate that these delays are part of standard regulatory procedures and do not necessarily mean a rejection of the applications.
Impact on the market
These delays have increased uncertainty among investors, affecting the prices of some cryptocurrencies. For example, XRP's price dropped by 3% following the announcement of the delay. However, these delays are viewed as temporary, with continued positive expectations regarding the approval of these funds in the future.
For more details on the delays of altcoin ETFs, you can watch the following report:
https://youtu.be/XNlSV1-0rRs?si=HxV9-XG1OzNKFGR6
