#AltcoinETFsPostponed Exchange-traded funds (ETFs) based on altcoins like Ethereum, Solana, or Cardano are being delayed in their launch in the US, disappointing investors who hoped for early approval from the US Securities and Exchange Commission (SEC). After the SEC gave the green light for a spot Bitcoin ETF at the beginning of 2024, the market expects a similar move to occur with major altcoins. However, due to concerns about liquidity, network decentralization, and price manipulation risks, the SEC has yet to make a final decision.

This delay indicates that the regulatory body is being more cautious with digital assets beyond Bitcoin. Many experts believe that the SEC is waiting for more data and a clear legal framework before approving an altcoin ETF. Meanwhile, asset management companies like BlackRock, Fidelity, and VanEck continue to file applications and lobby to expand their digital asset portfolios. Despite the delays, altcoin ETFs are still expected to launch in the future, contributing to increased institutional capital flow and enhancing market transparency for crypto.