**Altcoin ETFs Face SEC Delays Amid Regulatory Scrutiny**
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several altcoin exchange-traded funds (ETFs), including those tied to Dogecoin, XRP, Solana, and Hedera, with new deadlines set for June 2025. The delays affect proposals from major asset managers like Bitwise, Franklin Templeton, Grayscale, and Canary Capital, which sought to list ETFs on exchanges like NYSE Arca and Cboe BZX. This follows a surge in applications after the successful launch of Bitcoin and Ethereum ETFs, with over 70 crypto-related ETFs awaiting SEC approval.
The SEC’s hesitation stems from concerns over market volatility, investor protection, and regulatory clarity for altcoins. While Bitcoin and Ethereum have gained institutional acceptance, altcoins face skepticism due to their speculative nature and lower liquidity. Analysts warn that demand for altcoin ETFs may lag behind core crypto funds, though optimism persists, fueled by a pro-crypto shift under new SEC leadership.
Despite the delays, market resilience is evident, with some altcoins like Polkadot and Hedera ticking up post-news. Investors and traders remain hopeful, anticipating approvals by late 2025, which could usher in a new wave of institutional investment into the altcoin market.
