#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin-based exchange-traded funds (ETFs), including ¹ ² ³:

- *Franklin Templeton's XRP ETF*: The SEC extended the review period to June 17, 2025, citing the need for additional time to evaluate the proposed rule change and address regulatory issues.

- *Bitwise's Dogecoin ETF*: The SEC delayed its decision on the proposed ETF listing, with NYSE Arca and Cboe BZX Exchange requesting permission to list the funds.

- *Other affected ETFs*: Grayscale’s filings for Dogecoin, XRP, Litecoin, and Cardano ETFs were also delayed, along with Solana ETFs filed by 21shares, Canary, and VanEck.

Despite these delays, analysts believe the prospects for approval in 2025 remain strong. Bloomberg ETF analyst James Seyffart stated that the delays are standard procedure and don't affect the ultimate likelihood of approval. He also predicted relatively high odds of approval for some altcoin ETFs, including ³:

- *Litecoin ETF*: 90% probability of approval

- *Dogecoin ETF*: 75% probability of approval

- *Solana ETF*: 70% probability of approval

- *XRP ETF*: 65% probability of approval

The delays have impacted the cryptocurrency market, with XRP's price dropping below $2.30 after the announcement. However, some analysts expect XRP's price to potentially reclaim $2.50 in the near term ¹.