#AltcoinETFsPostponed

On March 11, 2025, the U.S. Securities and Exchange Commission (SEC) announced the postponement of its decisions regarding several applications to create exchange-traded funds (ETFs) based on alternative digital currencies (altcoins) such as Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE). These postponements included applications submitted by companies such as Grayscale, 21Shares, VanEck, and Canary Capital.

Reasons for the Postponement

These postponements are attributed to several regulatory factors:

• Lack of regulated futures markets: Unlike Bitcoin and Ethereum, most alternative digital currencies do not have regulated futures markets like those provided by the Chicago Mercantile Exchange (CME), which reduces transparency and increases concerns about price manipulation.

• Regulatory concerns: These concerns include issues related to investor protection, secure custody solutions for digital assets, and compliance with regulatory standards.