#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin ETF applications, including ¹ ²:

- *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 applications for Bitcoin and Ethereum spot ETFs. The delay allows for further evaluation of the application.

- *Other affected ETFs*: Other high-profile filings, such as Fidelity's spot Ethereum ETF and Franklin Templeton's Solana ETF, have also experienced delays.

Analysts suggest that these delays are procedural and don't necessarily signal rejection, as seen with earlier Bitcoin and Ethereum ETF approvals. The SEC is taking a cautious approach, considering factors like ³:

- *Market surveillance*: Ensuring mechanisms are in place to detect and prevent market manipulation.

- *Custody*: Verifying secure storage methods for underlying assets.

- *Valuation*: Establishing reliable and transparent pricing methods.

The delays reflect the SEC's thorough review process, and market participants are advised to monitor regulatory updates and consider broader market contexts when making investment decisions.