#AltcoinETFsPostponed

The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin-based exchange-traded funds (ETFs), including:

- *Grayscale's filings*: Dogecoin (DOGE), XRP, Litecoin (LTC), and Cardano (ADA) ETFs

- *XRP ETFs*: Filed by Canary Capital, Bitwise, and 21Shares

- *Solana ETFs*: Filed by 21Shares, Canary, and VanEck

- *Other delays*: In-kind creation and redemptions for BlackRock's IBIT, Fidelity's FBTC and FETH, and 21Shares' proposal to include staking in its Ethereum (ETH) ETF

Despite the delays, analysts remain optimistic about the eventual approval of these ETFs. Bloomberg ETF analyst James Seyffart notes that this is a standard procedure and the final deadlines for these ETFs are due in October.

*Approval Odds:*

- Litecoin (LTC): 90% probability of approval

- Dogecoin (DOGE): 75% probability of approval

- Solana (SOL): 70% probability of approval

- XRP: 65% probability of approval

The SEC's decision to delay these ETFs reflects its cautious stance on non-Bitcoin assets. However, with the growing acceptance of cryptocurrency, industry experts believe that these ETFs will eventually receive regulatory approval.