#AltcoinETFsPostponed #AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on several altcoin ETFs, including ETFs for Dogecoin, XRP, Solana, and Hedera ¹ ² ³. This delay is not unexpected, as the SEC is known for its cautious approach in approving investment products for assets outside of Bitcoin and Ethereum.

The SEC has extended the review period for these ETFs until June 2025, citing the need for more time to assess proposed rule changes and address regulatory issues raised in the filings ¹ ². This delay is seen as a procedural step rather than a rejection of the applications.

The affected ETFs include:

- *Bitwise Dogecoin ETF*: An ETF that will hold actual Dogecoin ⁴

- *Franklin Templeton XRP ETF*: An ETF that will hold actual XRP ²

- *Franklin Templeton Solana ETF*: An ETF that will hold actual Solana ³

- *Grayscale Hedera ETF*: An ETF that will hold actual Hedera ³

Although this delay may frustrate investors and the crypto community, it is important to note that the SEC's decision is not final, and these ETFs may still be approved in the future ¹ ² ⁴. #BTCUSD