#AltcoinETFsPostponed

The American Securities and Exchange Commission (SEC) announced the postponement of its decisions regarding several exchange-traded funds (ETFs) related to alternative cryptocurrencies (Altcoins) such as:

XRP (Ripple)

Dogecoin (DOGE)

Solana (SOL)

Litecoin (LTC)

Details:

The decision on the XRP fund by Franklin Templeton has been postponed to June 17, 2025.

The decision on the Dogecoin fund by Bitwise has been postponed to June 15, 2025.

As for Solana and Litecoin, their decisions have been postponed to October 2025.

Reason:

These postponements are procedural and technical, intended to give the agency additional time to review the applications.

There is speculation that the anticipated change in the SEC leadership (Gary Gensler) may affect the course of these decisions later on.

Analysts' Perspective:

Some analysts (like James Seyffart from Bloomberg) believe that the agency will extend the deadline to the maximum limit, with the possibility of making a final decision in October 2025.

The postponement is not considered a rejection but is part of the natural process the agency follows with cryptocurrency filings.