The Continuous Saga of Cryptocurrency ETFs with the SEC

The United States Securities and Exchange Commission (SEC) has again postponed its decision on the approval of several ETFs backed by cryptocurrencies such as XRP, Solana, Litecoin and Dogecoin. In a series of statements released on March 11, 2025, the authority indicated that it needs more time to evaluate these financial products.

According to James Seyffart, ETF analyst at Bloomberg, this postponement is not uncommon and does not harm the prospects of approval of these ETFs. “This is a standard procedure and does not change our (relatively good) chances of eventually obtaining approval,” Seyffart said.

In fact, the SEC’s cryptocurrency ETF approval process is particularly long and meticulous. Since the appointment of Paul Atkins, chosen by former President Donald Trump to preside over the authority, no confirmation of his appointment has been made. In addition, the SEC recently postponed its decision on Ether-related ETFs.$XRP $ETH $BTC