In light of the U.S. Securities and Exchange Commission (SEC) postponing its decisions regarding exchange-traded funds (ETFs) linked to alternative cryptocurrencies, the cryptocurrency community is experiencing a state of anticipation and increasing interest.
#AltcoinETFsPostponed | Postponement of alternative cryptocurrency index funds
Among the most notable of these postponements is the SEC's decision to delay a ruling on Franklin Templeton's request to launch a cryptocurrency index fund until early 2025, indicating the need for more time to study the proposed changes and related issues.
Decisions have also been postponed regarding requests for index funds that include currencies such as:
Dogecoin (DOGE)
XRP
Litecoin (LTC)
Cardano (ADA)
Solana (SOL)
This reflects the SEC's cautious approach to regulating digital assets.
Despite the postponements, analysts like James Seyffart from Bloomberg believe the chances of approval remain high, as these postponements are a routine measure in the review process.
It is worth noting that institutional interest is growing, as companies like Franklin Templeton have submitted requests for index funds related to XRP and SOL, underscoring the ongoing expansion in this field.
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