#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) announced the postponement of its decisions regarding several exchange-traded funds (ETFs) related to alternative cryptocurrencies (Altcoins) such as:

XRP (Ripple)

Dogecoin (DOGE)

Solana (SOL)

Litecoin (LTC)

Details:

The decision on the XRP fund by Franklin Templeton has been postponed to June 17, 2025.

The decision on the Dogecoin fund by Bitwise has been postponed to June 15, 2025.

As for Solana and Litecoin, their decisions have been postponed to October 2025.

Reason:

These postponements are procedural and technical, aimed at giving the commission additional time to review the applications.

There is speculation that the anticipated change in the chair of the SEC (Gary Gensler) may affect the course of these decisions later.

Analysts' Perspective:

Some analysts (like James Seyfart from Bloomberg) believe that the commission will extend the deadline to the maximum, with the possibility of making a final decision in October 2025.

The postponement is not considered a rejection but is part of the normal process that the commission follows with cryptocurrency filings.