#AltcoinETFsPostponed
The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin ETFs, including¹ ² ³:
- *Franklin Templeton's XRP ETF*: The SEC 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 delayed its decision, following a pattern seen with previous Bitcoin and Ethereum spot ETF applications. The delay allows for further evaluation of the application.
- *21Shares Dogecoin ETF*: Nasdaq submitted a request to list this ETF, which is also under review.
These delays reflect the SEC's cautious approach to approving investment products for assets beyond Bitcoin and Ethereum. Analysts suggest that these procedural steps are part of a slow but advancing approval process