#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin-based exchange-traded funds (ETFs), including those for Solana, XRP, Litecoin, and Dogecoin. The delays affect ETFs filed by major firms like Grayscale, Bitwise, Canary Capital, and 21Shares.
*Delayed ETF Filings:*
- *Franklin Templeton's XRP ETF*: The SEC has delayed its decision until June 17, 2025, citing the need for more time to evaluate the proposed rule change and address regulatory issues.
- *Bitwise Dogecoin ETF*: The decision has been postponed to June 15, 2025, with the SEC requiring additional time to review the filing.
- *Grayscale's Spot XRP ETF and Dogecoin ETF*: Decisions on these ETFs have also been delayed, with the SEC seeking more time to consider the proposals.
*Analysts' Perspectives:*
- Bloomberg ETF analyst James believes the delays are standard procedure and don't necessarily indicate a lower chance of approval. He notes that the final deadlines for these ETFs extend into October 2025.
- Eric Balchunas, another Bloomberg ETF analyst, expects a high likelihood of approval for some altcoin ETFs, citing the changing regulatory landscape and the new SEC chair's crypto-friendly stance.
*Approval Odds:*
- According to Eric , the approval odds for spot XRP ETFs are around 85%, while Solana and Litecoin spot ETFs have slightly higher chances at 90%. Dogecoin and Hedera spot ETFs have an 80% approval probability .