Important Update Regarding Alternative Cryptocurrency Exchange-Traded Funds (Altcoins)
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decisions regarding several cryptocurrency exchange-traded funds (ETFs) targeting alternative coins such as XRP, Dogecoin, Solana, and Hedera. Among the most notable of these funds:
• Franklin Templeton's XRP Fund, whose decision has been postponed until June 17, 2025.
• Bitwise's Dogecoin Fund, which has been delayed until June 15, 2025.
This delay does not signify a rejection; rather, it is a standard regulatory procedure aimed at giving the commission sufficient time to review the applications. Analysts expect final decisions to be made by October 2025.
Despite the delay, the market remains optimistic, especially with the increasing interest from major financial institutions in these funds, which are expected to bring a significant shift in cryptocurrency trading.
What do you think? Do you expect these funds to be approved soon? Share your thoughts with us
