#AltcoinETFsPostponed

🗓️ SEC Postpones Altcoin ETF Decisions

• The U.S. Securities and Exchange Commission (SEC) has delayed decisions on several altcoin-based exchange-traded funds (ETFs), including those for XRP, Dogecoin (DOGE), Solana (SOL), and Litecoin (LTC). 

• New deadlines have been set for mid-June 2025, with the Franklin Templeton XRP ETF decision postponed to June 17. 

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📊 Market Reaction

• Following the announcement, XRP’s price dipped below $2.30, experiencing a 3% loss on the day. 

• DOGE and other altcoins showed minimal price changes, reflecting investor anticipation of eventual approvals. 

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🔮 Outlook

• Despite the delays, analysts remain optimistic about the approval of altcoin ETFs in 2025. Bloomberg Intelligence has increased the estimated approval odds for a Solana ETF to 90%, with XRP and DOGE ETFs also seeing improved prospects.