The SEC has postponed the review of ETFs for Solana, XRP, Litecoin, and Dogecoin due to standard regulatory procedures — the agency often uses the full term to evaluate applications. An additional factor was the uncertainty in leadership following the resignation of Chairman Gary Gensler: a new candidate has not yet been approved. Despite the delay, experts remain optimistic: approval is expected in 2025. The likelihood of a positive decision is 65–90% depending on the asset. This is not a denial, but part of the process. The SEC is expected to make a final decision by October. The market maintains hopes for a breakthrough in the crypto-ETF space.
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