#AltcoinETFsPostponed The SEC's delay on crypto ETF proposals, including Franklin Templeton's spot XRP ETF, Bitwise's Dogecoin ETF, and others, might be seen as either thoroughness or hesitation toward altcoins. Analysts believe these delays are procedural and don't necessarily signal rejection. Bloomberg's Eric Balchunas notes that having your coin "ETF-ized" doesn't guarantee listens but puts your music where the vast majority of listeners are. Given the precedent set by Bitcoin and Ethereum ETF approvals, it's likely the SEC will approve other ETFs after thorough review.

Recent Delays:

- Franklin Templeton's XRP ETF: Delayed to June 17, 2025, due to the SEC's need for additional time to evaluate the proposed rule change.

- Bitwise's Dogecoin ETF: Also delayed, with the SEC extending the review period.

- Other ETFs: Solana, Litecoin, and other altcoin ETFs are awaiting approval.

Most Likely to be Approved Next:

Given the recent approval of Bitcoin and Ethereum ETFs, the next likely approval could be for ETFs tied to these established cryptocurrencies or other major players. However, if I had to pick an altcoin ETF, I'd consider Ethereum-based ETFs due to their growing popularity and institutional interest. Analysts like James Seyffart and Eric Balchunas from Bloomberg Intelligence have expressed relatively high odds of approval for some of these ETFs, citing procedural delays rather than fundamental issue.