#AltcoinETFsPostponed The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several altcoin spot exchange-traded fund (ETF) applications, including those for Solana (SOL), XRP, Dogecoin (DOGE), Hedera (HBAR), and Ethereum (ETH). These delays, announced on April 29, 2025, extend the review periods into mid-June, with final rulings anticipated by the fourth quarter of 2025 .

The affected applications involve major asset managers: Franklin Templeton's spot ETFs for Solana and XRP, Grayscale's Hedera ETF, Bitwise's Dogecoin ETF, and Fidelity's Ethereum ETF, which includes staking features. The SEC cites the need for additional time to thoroughly evaluate these proposals, focusing on market impact, investor protection, and regulatory compliance .

Analysts view these delays as procedural, aligning with the SEC's statutory review structure that allows extensions up to 240 days. Bloomberg Intelligence analysts James Seyffart and Eric Balchunas note that such postponements are standard and do not necessarily indicate rejection .

The SEC's cautious approach reflects ongoing challenges in establishing a regulatory framework for cryptocurrency-based financial products. While the approval of Bitcoin and Ethereum ETFs marked significant milestones, the path for altcoin ETFs remains complex, with over 70 proposals currently under review .

Investors and industry stakeholders await further developments, recognizing that these decisions will significantly influence the integration of digital assets into mainstream financial markets.