#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) announced the postponement of its decisions regarding the cryptocurrency exchange-traded funds (ETFs) linked to #xrp and #Dogecoin‬⁩ . The deadline for the Bitwise Dogecoin ETF has been set for June 15, 2025, and for the Franklin Templeton XRP ETF on June 17, 2025.

This postponement is considered a routine measure, as it allows the commission more time to thoroughly evaluate the proposals. According to Bloomberg analyst James Seyfart, the final deadlines for these funds may extend until October 2025, with decisive decisions expected in the fourth quarter of the year.

In the meantime, the Nasdaq stock exchange has filed for approval to list the 21Shares Dogecoin ETF, indicating increased interest from financial institutions in alternative cryptocurrencies.

Cryptocurrency prices have been affected by this news; the price of XRP fell to about $2.25, while the price of Dogecoin stabilized at $0.17.

Despite these delays, investors remain optimistic about the possibility of approval for these funds later in the year, especially with potential changes in regulatory leadership.