#AltcoinETFsPostponed The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on Polkadot (DOT) and Hedera (HBAR) ETF applications until June 11, 2025, as announced on April 24, 2025. This postponement affects Grayscale’s proposal to convert its Polkadot Trust into a spot ETF and Canary Capital’s Hedera ETF application, both filed through Nasdaq. The SEC cited the need for additional time to review proposed rule changes amid a backlog of over 70 crypto ETF filings. This reflects a cautious regulatory approach under new Chair Paul Atkins, despite a reportedly crypto-friendly shift.

Market reactions vary, with Polkadot’s price rising 2.4% in 24 hours and 15.1% over the past week as of April 30, 2025, driven by increased staking and ecosystem developments like the JAM testnet and a $100 million investment fund. Hedera’s specific price response lacks detail but likely follows broader crypto trends. The delay introduces uncertainty for investors seeking regulated altcoin exposure, potentially limiting institutional participation. However, Polkadot’s resilience suggests market focus on fundamentals over regulatory timelines. Investors should monitor ecosystem progress and regulatory updates for future market insights.