#AltcoinETFsPostponed

XRP ETFs:

The SEC postponed its review of XRP spot ETFs, including filings from Franklin Templeton (deadline: June 17) and others like Bitwise and Grayscale.

Despite earlier reports suggesting a ProShares XRP Futures ETF launch on April 30, 2025, Bloomberg ETF analyst James Seyffart clarified that no official launch date is set, and the futures-based “Short XRP ETF” is still under review.

The delay triggered a 2.6% decline in the cryptocurrency sector’s capitalization, with cascading sell-offs across altcoin markets