#AltcoinETFsPostponed 🚨 The SEC keeps shaking things up with crypto ETFs
Once again, the SEC (yes, those who regulate the stock market in the U.S.) decided neither to say yes nor no about several crypto ETFs... they simply said: "we need more time."
Among those that are on hold are proposals to launch ETFs for Solana, XRP, Dogecoin, Hedera, and one for Ethereum with staking (that thing about earning rewards for validating transactions).
What's the official reason? They want to continue reviewing and hear more public opinions.
What's the unofficial reason? Many believe that the SEC still doesn't trust altcoins much and is examining all of this closely.
🧐 Fun fact: The spot Bitcoin ETF took more than 10 years to be approved... so if you're waiting for the Dogecoin one, patience and something to snack on. 😅
Meanwhile, the market is waiting... and so are we.
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