#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed decisions on several altcoin spot ETFs, including those for Solana (SOL), XRP, Litecoin (LTC), Dogecoin (DOGE), and Hedera (HBAR). The delays affect multiple applications from firms like VanEck, Canary Capital, Grayscale, Bitwise, and 21Shares.

*Delayed ETF Applications:

- *Solana ETFs*: VanEck's Spot Solana ETF and 21Shares' Solana ETF

- *XRP ETFs*: Grayscale's Spot XRP ETF and Franklin Templeton's XRP ETF

- *Litecoin ETF*: Canary's Spot Litecoin ETF

- *Dogecoin ETFs*: Grayscale's Spot Dogecoin ETF and Bitwise's Dogecoin ETF

- *Hedera ETF*: Unspecified application

*Reasons for Delay:

The SEC cited the need for additional time to evaluate proposed rule changes and potential market impact. Analysts believe the delays reflect the SEC's cautious approach to non-Bitcoin crypto assets

*Market Expectations:*

Despite the postponements, experts remain optimistic about eventual approval. Bloomberg ETF analyst James Seyffart noted that delays are standard procedure, and final deadlines for these ETFs extend into October 2025. Nate Geraci, president of The ETF Store, also expects approvals to come this year, with an 85% chance of approval for SOL spot ETFs ² ¹ ³.

*Potential Impact:*

The approval of altcoin ETFs could increase investor exposure to these assets, but some analysts caution that demand might be limited compared to Bitcoin and Ethereum ETFs ⁴.