#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 managed by Franklin Templeton has been postponed to June 17, 2025.

The decision on the Dogecoin fund managed 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 are speculations that the anticipated change in the SEC chair (Gary Gensler) may influence the trajectory of these decisions later.

Analysts' Perspective:

Some analysts (like James Seyffart from Bloomberg) believe that the commission will extend the deadline to the maximum possible, with a likelihood of a final decision being made in October 2025.

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