#AltcoinETFsPostponed On March 11, 2025, the U.S. Securities and Exchange Commission (SEC) delayed decisions on several altcoin-based exchange-traded funds (ETFs), including those for XRP, Solana (SOL), Litecoin (LTC), Dogecoin (DOGE), and Cardano (ADA). Applications from firms like Grayscale, 21Shares, VanEck, and Canary Capital were affected, with new deadlines set for May and final decisions potentially extending into October. Analysts view these delays as procedural, especially amid leadership transitions at the SEC, where acting Chairman Mark Uyeda awaits the confirmation of President Trump's nominee, Paul Atkins. Despite the postponements, the SEC acknowledged new filings, such as Franklin Templeton's XRP ETF application, indicating ongoing interest in altcoin ETFs. Challenges like the absence of regulated futures markets for altcoins and concerns over market manipulation contribute to the cautious approach, but approval prospects remain strong for later in 2025 .
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