#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) has recently postponed decisions on several proposed altcoin exchange-traded funds (ETFs), including those for XRP, Dogecoin (DOGE), and Solana (SOL). These delays extend the review periods, with new deadlines set for mid-June 2025, and final decisions potentially reaching into October.

Key Updates:

Franklin Templeton’s Spot XRP ETF: The SEC has extended the review period for this ETF to June 17, 2025.

Bitwise’s Dogecoin ETF: The decision on this ETF has been postponed to June 15, 2025.

Franklin Templeton’s Solana ETF: A final decision is expected by October 7, 2025.

These delays are part of the SEC's standard procedure, allowing additional time to thoroughly evaluate the proposed rule changes and address any regulatory issues. Analysts, including Bloomberg's James Seyffart, note that such extensions are common and do not necessarily indicate a negative outcome.

Despite the delays, optimism remains high in the market. Analysts from Bloomberg forecast a 75% or higher approval odds for a range of altcoin ETFs, with action potentially coming as soon as July 2, 2025. Additionally, social sentiment around XRP and Dogecoin has turned bullish