SEC Hits Pause on Altcoin ETFs — What’s the Hold-Up?
The SEC’s at it again, pushing back decisions on several altcoin ETFs and leaving investors hanging. While everyone’s talking about XRP, Litecoin, and Solana, the delay actually affects a broader list of altcoins.
What’s Getting Delayed?
XRP ETFs:
Franklin Templeton’s XRP ETF now waiting until June 17, 2025.
Grayscale’s XRP bid? Also on hold.
Others in the Queue:
ETFs tied to LTC, SOL, and more are still stuck in review mode.
So, What’s the Vibe?
The SEC’s playing it safe, which means more uncertainty for altcoin ETF fans. BTC and ETH ETFs are moving forward, but altcoins? Still in the waiting room.
What’s Next?
All eyes on June 2025 for that Franklin Templeton decision.
Expect more updates (and probably more delays) as the SEC keeps digging.
Market Moves?
Could cause some short-term dips, but if/when approval comes?
Big institutions might finally dive into altcoins.