#AltcoinETFsPostponed

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⏳ Current Status of Altcoin ETF Applications

Franklin Templeton’s Spot XRP ETF: .

Solana (SOL) ETFs: .

Dogecoin (DOGE) and Hedera (HBAR) ETFs: These proposals have also been delayed, with new deadlines set for June 10 and June 11, 2025, respectively .

These postponements are procedural and align with the SEC's standard practice of thoroughly reviewing ETF applications. Analysts suggest that these delays do not necessarily indicate a rejection but rather a cautious approach to ensure investor protection and market stability.

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🔍 Factors Influencing the Delays

Leadership Transition at the SEC: The confirmation of Paul Atkins as the new SEC Chair is pending. Industry experts believe that significant ETF approvals are unlikely until the new leadership is in place, potentially by mid-2025 .

Regulatory Scrutiny: The SEC is meticulously evaluating the implications of introducing altcoin ETFs, considering factors such as market manipulation risks, liquidity