#AltcoinETFsPostponed , The SEC has postponed the decision on altcoin ETFs, specifically for XRP and Dogecoin, until June 2025. This is due to the review of ETF proposals that offer exposure to these cryptocurrencies.

Key details:

- Extended deadline: The SEC extended the deadline to make a decision on Franklin Templeton's XRP ETF until June 17, 2025.

- Reason for the delay: The SEC needs more time to evaluate the proposals and address regulatory issues.

- Other affected proposals: Other cryptocurrency ETF proposals, such as Bitwise's Dogecoin ETF and Franklin Templeton's Solana ETF, have also been impacted by the delay.

- Expert analysis: Some analysts believe that the delay is a standard procedure and does not necessarily indicate a denial.

- Market impact: The price of XRP fell by 3% after the announcement, although some experts predict it could recover to the $2.50 level in the short term.

ETFs under review:

- Franklin Templeton's XRP ETF: Proposal to list a spot XRP ETF on the Cboe BZX Exchange.

- Bitwise's Dogecoin ETF: Proposal to list a Dogecoin ETF on the NYSE Arca.

- 21Shares Dogecoin ETF: Proposal to list a Dogecoin ETF on the Nasdaq.

The SEC is reviewing around 70 cryptocurrency ETF proposals, many of which involve altcoins. Although the delay may be frustrating, some experts believe it is part of the approval process.

I hope this information is well taken as to how it works..