#AltcoinETFsPostponed Series of crypto ETFs delayed: What is the SEC planning?

#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) has recently postponed its decision on several cryptocurrency ETF listing proposals, including funds related to XRP, Dogecoin, and Solana. This is part of the SEC's standard review process, allowing the agency to extend the review period up to 240 days from the date of publication of the filing in the Federal Register.

Specific actions:

• Franklin Templeton’s Spot XRP ETF: The SEC has extended the review deadline to June 17, 2025, instead of the initially expected decision in early May. Franklin Templeton, one of the largest asset managers with over $1.5 trillion, filed through the Cboe BZX exchange to list this fund.