#AltcoinETFsPostponed : Delay of Altcoin ETF by SEC and Approval Prospects in 2025

On March 11, 2025, the United States Securities and Exchange Commission (SEC) once again postponed decisions regarding several altcoin-based Exchange-Traded Fund (ETF) applications, including XRP, Solana (SOL), Litecoin (LTC), Dogecoin (DOGE), and Cardano (ADA). Applications from companies such as Grayscale, 21Shares, Bitwise, and VanEck were affected by this delay, with the evaluation deadline extended until May.

This delay reflects the SEC's cautious approach to crypto-based financial products, particularly due to concerns about market manipulation, liquidity, and investor protection. Additionally, the uncertainty regarding the legal classification of several altcoins as securities adds complexity to the approval process.