#AltcoinETFsPostponed As of April 30, 2025, the U.S. Securities and Exchange Commission (SEC) has postponed decisions on several applications for exchange-traded funds (ETFs) based on altcoins, including applications for XRP, Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), Cardano (ADA), and Polkadot (DOT). The SEC noted that it needs more time for a thorough evaluation of these proposals.

Despite these delays, analysts remain optimistic about the final approval of altcoin ETFs in 2025. Bloomberg ETF analyst James Seyffart stated that such delays are standard procedure and that final deadlines for decisions are extended to October.

The recent appointment of Paul Atkins as the head of the SEC has introduced some uncertainty regarding the Commission's approach to cryptocurrency-related financial products. While some investors hoped for a more favorable position under Atkins' leadership, the current delays have raised questions about the direction of the SEC.

Meanwhile, the SEC has recognized new ETF filings, including Grayscale's application for the Hedera (HBAR) ETF and Bitwise's proposal related to DOGE, indicating ongoing interest and activity in the altcoin ETF space.