#AltcoinETFsPostponed

The SEC has postponed the review of spot XRP ETFs, including filings from Franklin Templeton (deadline: June 17) and other filings such as Bitwise and Grayscale.

Although previous reports suggested a launch of ProShares' XRP Futures ETF on April 30, 2025, Bloomberg's ETF analyst, James Seyffart, clarified that no official launch date has been set, and the "Short XRP ETF" based on futures contracts is still under review.

This delay has caused the cryptocurrency market capitalization to drop by 2.6%, with widespread sell-offs across altcoin markets.