#AltcoinETFsPostponed
The US SEC has postponed approval decisions on several altcoin ETFs, including ¹ ²:
- *Solana ETFs*: Filed by 21Shares, Canary, and VanEck
- *XRP ETFs*: Filed by Canary Capital, Bitwise, and 21Shares, as well as Grayscale's XRP ETF
- *Litecoin ETFs*: Filed by Canary
- *Dogecoin ETFs*: Filed by Grayscale and 21Shares
Bloomberg ETF analysts James Seyffart and Eric Balchunas believe these delays are standard procedure and don't affect the relatively high odds of approval. Seyffart notes that the final deadlines for these applications aren't until October 2025 or later ³.
The SEC's decision to delay these ETFs may be due to ⁴:
- *Internal Changes*: The agency is navigating leadership transitions and potential shifts in regulatory approach
- *Political Pressure*: The current administration's stance on cryptocurrency regulation might influence the SEC's decision-making process
Despite the delays, some analysts remain optimistic about the approval chances for these altcoin ETFs ³:
- *SOL ETF*: 85% approval probability
- *XRP ETF*: High approval odds, with some analysts predicting approval this year
- *LTC ETF*: 90% approval odds, according to James Seyffart and Eric Balchunas
- *DOGE ETF*: 75% approval odds, according to James Seyffart and Eric Balchunas
