#AltcoinETFsPostponed * Comparison to Bitcoin ETFs: The SEC's handling of altcoin ETF applications mirrors the drawn-out process for spot Bitcoin ETFs, which faced multiple delays before eventual approval in January 2024.
Overall Sentiment:
While the delays might cause short-term frustration for investors and applicants, the prevailing sentiment among analysts is that these are procedural steps. There is still considerable optimism that the U.S. will see its first spot altcoin ETFs approved sometime in 2025, although the exact timing remains uncertain and could be influenced by regulatory developments and the confirmation of a new SEC Chair.