#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin ETF applications, including those for Litecoin, XRP, and Solana. This delay is part of a broader review process, with approximately 70 crypto ETFs awaiting approval.

*Affected ETFs:*

- *XRP ETFs*: Franklin Templeton's spot XRP ETF decision has been delayed until June 17, 2025.

- *Dogecoin ETFs*: Bitwise's Dogecoin ETF and 21Shares Dogecoin ETF decisions have also been postponed.

- *Solana ETFs*: 21Shares, Canary, and VanEck's Solana ETF applications are under review.

- *Litecoin ETF*: Canary's spot Litecoin ETF decision has been delayed.

- *Cardano ETF*: Grayscale's Cardano ETF application is also among those postponed.

*Reasons for Delay:*

The SEC cited the need for additional time to evaluate proposed rule changes and address regulatory issues. Analysts believe this delay is a standard procedure and doesn't necessarily impact the likelihood of approval ¹ ².

*Impact on Market:*

Despite the delay, analysts remain optimistic about the potential for altcoin ETFs to attract capital, especially with innovation-friendly policies. XRP price initially dropped below $2.30 after the announcement but is currently trading at around $2.24, with a potential to reclaim $2.50 if it holds above $2.00 ¹.