#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) has postponed decisions regarding several exchange-traded funds (ETFs) for alternative cryptocurrencies until April 30, 2025, reflecting a cautious approach despite a crypto-friendly administration. The affected exchange-traded funds include: Franklin Templeton's Solana and XRP ETFs, with the XRP decision postponed to June 17, 2025. Grayscale's Hedera (HBAR) and Polkadot (DOT) ETFs, which have been delayed until June 11. Bitwise's Dogecoin (DOGE) ETF. Canary Capital's Hedera ETF, which has also been postponed to June 11. Fidelity's proposal regarding Ethereum (ETH) shares in the ETFs. Bloomberg analysts James Seyfart and Eric Balchunas describe these delays as "standard procedures," citing the uncertainty of SEC Chairman Gary Gensler and ongoing regulatory reviews. The chances of approval remain high - Litecoin (90%), Dogecoin (75%), Solana (70%), XRP (65%) - with deadlines in October 2025.