The approval requests for investment funds (ETFs) focusing on alternative cryptocurrencies (Altcoins) such as Ethereum, Ripple, and others have been postponed by major regulatory bodies, most notably the U.S. Securities and Exchange Commission (SEC), until further notice. This decision comes amid concerns regarding severe market volatility and the lack of a mature regulatory framework governing this type of asset.

The authorities clarified that the decision aims to protect investors from risks of fraud or market manipulation, especially with the absence of clear mechanisms to monitor altcoin networks compared to Bitcoin, which enjoys higher liquidity and broader regulatory interest. They also highlighted the need to assess the impact of these funds on financial stability, particularly in light of the sharp fluctuations witnessed by cryptocurrencies this year.

On the other hand, the postponement has caused disappointment among a segment of investors who were expecting new liquidity to enter the "flipping" market, leading to a temporary decline in values.