#AltcoinETFsPostponed :
SEC Hits Pause on Altcoin ETF Decisions — Dogecoin, XRP, Solana in Waiting Room
The U.S. Securities and Exchange Commission (SEC) has once again hit the brakes on several highly anticipated spot ETFs tied to popular altcoins, including Dogecoin, XRP, Solana, and Hedera. Known for its methodical—and often sluggish—approach to crypto approvals, the agency has extended its review timeline into June 2025.
Rather than a flat-out rejection, the move reflects the SEC’s intent to further analyze the proposals and address lingering regulatory concerns. It’s a routine delay—but one that underscores the uphill battle altcoins still face in gaining mainstream financial traction.
ETFs in the Waiting Line:
Bitwise Dogecoin ETF – Aims to offer direct exposure to Dogecoin
Franklin Templeton XRP ETF – A spot fund holding XRP
Franklin Templeton Solana ETF – Would track Solana’s price through actual holdings
Grayscale Hedera ETF – Designed to provide Hedera exposure via spot assets
While the crypto world might view the delay as frustrating, it's not necessarily a red light. These products are still very much in play. The SEC’s decision to extend the review process is procedural, not terminal—and approval remains a real possibility.
For now, the market waits.