#AltcoinETFsPostponed

The SEC has delayed decisions on multiple altcoin ETF applications, including proposals tied to Ethereum, Solana, XRP, DOGE, and HBAR, with new deadlines extending into mid-2025 and beyond.

Key details:

Specific delays: Franklin Templeton’s XRP ETF review was extended to June 17, 2025, while other proposals (e.g., SOL, DOGE) face similar timelines.

Reasons cited: Regulatory concerns over market manipulation, custody risks, and investor protection, compounded by altcoins’ lower liquidity compared to Bitcoin.

Market impact: Short-term uncertainty has caused minor dips, but analysts remain optimistic about eventual approvals due to growing institutional interest.

Final decisions could extend into October 2025 or later, reflecting the SEC’s cautious approach to altcoin ETFs.