#AltcoinETFsPostponed

The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin ETF applications, including those for XRP, Litecoin, Solana, and Dogecoin. The delays apply to various filings from major firms like Grayscale, Canary, Bitwise, and 21Shares.

*Affected ETFs:*

- *XRP ETFs*: Franklin Templeton's spot XRP ETF decision has been pushed to June 17, 2025

- *Dogecoin ETFs*: Bitwise's Dogecoin ETF and 21Shares Dogecoin ETF decisions have been delayed

- *Solana ETFs*: 21Shares, Canary, and VanEck's Solana ETF decisions have been postponed

- *Litecoin ETFs*: Canary's spot Litecoin ETF decision has been delayed

*Reasons for Delay:*

- The SEC needs more time to review the proposed rule changes and issues raised in the filings

- The agency is awaiting confirmation of Trump's nominee for SEC Chair, Paul Atkins

- Analysts believe the delays are standard procedure and don't necessarily indicate a negative outcome

*Impact:*

- The postponements reflect the SEC's cautious approach to cryptocurrency regulation

- Investors and issuers are uncertain about when or if these funds will be approved

- Some analysts suggest that investor interest may remain concentrated in Bitcoin and Ether ETFs ¹ ² ³.