#AltcoinETFsPostponed
The US Securities and Exchange Commission (SEC) has delayed its decision on several altcoin exchange-traded funds (ETFs), including those for XRP, Dogecoin (DOGE), and Solana (SOL). Here are the key updates ¹ ²:
- *XRP ETF*: The SEC has postponed its decision on Franklin Templeton's spot XRP ETF until June 17, 2025.
- *Dogecoin ETF*: The review period for Bitwise's Dogecoin ETF has been extended to June 15, 2025, while 21Shares Dogecoin ETF is also under review.
- *Solana ETF*: Franklin Templeton's Solana ETF has a final decision due date of October 7, 2025.
These delays are part of the SEC's standard review process and don't necessarily indicate rejection. The approvals could attract more buyers, potentially increasing prices for XRP, DOGE, and SOL. Some analysts predict new all-time highs for these altcoins if the ETFs are approved ¹.
The SEC is currently reviewing around 70 crypto ETF proposals, many involving altcoins. Despite the surge in applications, investor interest may remain concentrated in Bitcoin and Ether ETFs, as altcoin ETFs don't guarantee market demand ².