The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several altcoin ETFs, including those for Dogecoin, XRP, Solana, and Hedera ¹ ² ³. This delay is not surprising, as the SEC is known for its cautious approach to approving investment products for assets outside of Bitcoin and Ethereum.

The SEC has extended the review period for these ETFs until June 2025, citing the need for more time to assess the proposed rule changes and address regulatory issues raised in the filings ¹ ². This delay is viewed as a procedural step rather than a rejection of the applications.

The affected ETFs include:

- *Bitwise Dogecoin ETF*: A spot ETF that will hold actual Dogecoin ⁴

- *Franklin Templeton XRP ETF*: A spot ETF that will hold actual XRP ²