#AltcoinETFsPostponed
Review period for several altcoin Exchange Traded Funds (ETFs) has been postponed by the U.S. Securities and Exchange Commission (SEC). Here's a breakdown of what's happening:
Key Developments:
* Multiple Delays: The SEC has recently delayed decisions on spot ETFs for several altcoins, including:
* XRP: The decision on Franklin Templeton's spot XRP ETF has been pushed to June 17, 2025.
* Dogecoin (DOGE): The decision on Bitwise's Dogecoin ETF has been delayed until June 15, 2025. A 21Shares Dogecoin ETF listing on Nasdaq has also been proposed.
* Solana (SOL): Applications from Canary, VanEck, and 21Shares for Solana ETFs have also faced delays.
* Polkadot (DOT) & Hedera (HBAR): Decisions on Grayscale's Polkadot Trust conversion and Canary's HBAR ETF are now expected by June 11, 2025.
* Litecoin (LTC): Filings for Litecoin ETFs have also been postponed.