The SEC has just hit the "pause" button on a bunch of altcoin ETF proposals, pushing decisions on XRP and Dogecoin ETFs to mid-June—and even hinting that final decisions may not come until the fourth quarter. This is the classic SEC procedure, but it’s still a drag for traders looking to jump in.
So, which altcoin ETF is most likely to pass first? The odds are in favor of XRP. Franklin Templeton's spot XRP ETF has the backing of a $1.5 trillion manager, and Bloomberg analysts estimate its chances of approval between 75% and 90%. Ripple's legal spotlight has also dimmed, making regulators a bit more comfortable.
Even if these altcoin ETFs get the green light, will average investors bite? That’s another story. The general public tends to stick with Bitcoin and Ethereum—but a smooth and early win for XRP could boost confidence and open the door for other altcoin ETFs in the future. #AltcoinETFsPostponed