#AltcoinETFsPostponed
SEC Hits Pause on Altcoin ETFs — SOL, XRP, HBAR, DOGE Decisions Delayed
The SEC has once again tapped the brakes on crypto ETF ambitions, delaying decisions on applications tied to Solana (SOL), Ripple (XRP), Hedera (HBAR), and Dogecoin (DOGE). New deadlines for these rulings are now set for June 2025, following a similar deferral for Polkadot (DOT) earlier this month.
The regulator cites a need for "additional time" to thoroughly assess proposed rule changes and gather public input—a standard, albeit frustrating, part of the process for crypto ETF hopefuls.
Analysts Expected the Delay—but October Looms Large
While these delays were widely anticipated, the market's attention is already shifting toward the potential window for final decisions, now likely in October 2025 or later. Some analysts remain cautiously optimistic, pointing to rising institutional appetite for digital assets and increasing pressure on regulators to greenlight diversified crypto exposure.
Why This Matters
— Institutional momentum is building: Major asset managers continue lobbying for altcoin ETF approval, signaling confidence in long-term demand.
— Market impact: Although near-term price action is muted, ETF approval could unlock significant capital inflows for these ecosystems.
— Regulatory clarity: Every delay edges the market closer to clearer guidelines on how altcoins will be treated under U.S. securities law.
For now, traders and investors are left waiting—eyes firmly locked on June’s next SEC update.