#AltcoinETFsPostponed
The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin exchange-traded funds (ETFs), including those for XRP, Dogecoin, Litecoin, and Solana. The delays apply to various proposals from asset managers like Canary Capital, Bitwise, 21Shares, and Franklin Templeton.
*Postponed ETF Proposals:*
- *XRP ETFs:*
- Franklin Templeton's spot XRP ETF: new deadline is June 17, 2025
- Canary Capital's XRP ETF: delayed for further review
- *Dogecoin ETFs:*
- Bitwise's Dogecoin ETF: new deadline is June 17, 2025
- 21Shares Dogecoin ETF: delayed for further review
- *Other Altcoin ETFs:*
- Solana ETFs (21Shares, Canary, and VanEck): delayed for further review
- Litecoin ETF: delayed for further review
The SEC is reviewing around 70 crypto ETF proposals, many of which involve altcoins. Analysts believe that while altcoin ETFs may attract interest, demand might be limited compared to Bitcoin and Ether ETFs. The postponements are considered a standard procedure, and some analysts remain optimistic about the approval odds for these ETFs ¹ ².