#AltcoinETFsPostponed On March 11, 2025, the U.S. Securities and Exchange Commission (SEC) announced delays in approving several altcoin-based exchange-traded funds (ETFs). The affected applications include ETFs for cryptocurrencies such as XRP, Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE). This postponement allows the SEC additional time to thoroughly evaluate these proposals before making final decisions.

Specific Delays:

XRP ETFs: The SEC deferred decisions on XRP ETF applications from Grayscale and Canary Capital, extending the review period to May 21, 2025.

Solana ETFs: Proposals from 21Shares, Canary, and VanEck for Solana ETFs have also been postponed, with the next decision date anticipated in May 2025.

Litecoin and Dogecoin ETFs: The SEC delayed decisions on Litecoin and Dogecoin ETF applications, including those from Grayscale and Canary Capital.