Investor expectations for the launch of exchange-traded funds (ETFs) focused on alternative cryptocurrencies (Altcoins) such as Ethereum and Ripple, among others, were met with a delay in approval requests by key regulatory bodies, most notably the U.S. Securities and Exchange Commission (SEC), until further notice. This decision comes amid concerns regarding severe market volatility and the immaturity of the legislative framework governing this type of asset.

The authorities clarified that the decision aims to protect investors from fraud risks or market manipulation, especially given the lack of clear mechanisms for monitoring alternative currency networks compared to Bitcoin, which enjoys higher liquidity and broader regulatory interest. They also highlighted the need to assess the impact of these funds on financial stability, particularly in light of the sharp fluctuations seen in cryptocurrencies during the current year.

On the other hand, the delay has caused disappointment among a segment of investors who were expecting new liquidity to enter the 'flipping' market, leading to a temporary decline in the values of some currencies by percentages ranging from 3% to 8% in recent hours. However, experts believe that the delay...