#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several proposed altcoin spot exchange-traded funds (ETFs), including those for XRP, Dogecoin (DOGE), Solana (SOL), and Hedera (HBAR). These delays are part of the SEC's standard review process and do not necessarily indicate rejection.

Key Updates:

XRP ETF: Franklin Templeton's application for a spot XRP ETF has been delayed, with a new review deadline set for June 17, 2025.

Dogecoin ETF: Bitwise's proposal for a Dogecoin ETF is now scheduled for a decision by June 15, 2025.

Solana and Hedera ETFs: The SEC has also postponed decisions on ETFs for Solana and Hedera, with final deadlines now expected in October 2025 or later.

These delays come amid a surge in ETF applications and the recent appointment of a new SEC Chair, Paul Atkins. Analysts suggest that the postponements are procedural, aligning with the SEC's approach to thoroughly evaluate each application.

While the delays have caused some short-term market reactions, such as a 3% dip in XRP's price to below $2