#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin ETFs, including ¹:

- *VanEck Spot Solana ETF*

- *Canary Spot Solana ETF*

- *Canary Spot XRP ETF*

- *Grayscale Spot XRP ETF*

- *Canary Spot Litecoin ETF*

- *Grayscale Spot Dogecoin ETF*

This delay affects multiple cryptocurrency exchange-traded fund (ETF) applications tied to altcoins like Solana, XRP, Litecoin, and Dogecoin. Bloomberg ETF analyst James Seyffart considers this delay "standard procedure" with final deadlines stretching into October.

*Possible Reasons for Delay:*

- *Internal Changes and Political Pressure*: Analysts believe the SEC is navigating internal changes and political issues, contributing to delays.

- *Regulatory Process*: The SEC's postponements go beyond altcoin ETFs, affecting cryptocurrency-related proposals like Ethereum staking ETFs.

*Impact on Market:*

- *Uncertainty*: The delay creates uncertainty among investors and issuers, potentially affecting market stability.

- *Approval Odds*: Despite the delay, Bloomberg ETF analyst James Seyffart believes the approval odds for these ETFs in 2025 are relatively high ² ³ ¹.

*Final Deadlines:*

- *October*: Final deadlines for SEC decisions on these ETFs are expected ².