It seems that the U.S. Securities and Exchange Commission (SEC) has already postponed its decisions regarding several alternative cryptocurrency exchange-traded funds (Altcoin ETFs). Here are the details according to the latest news:
Cryptocurrencies whose fund decisions have been postponed:
* XRP: The decision on the Franklin Templeton spot fund for XRP has been postponed to June 17, 2025.
* Dogecoin (DOGE): The decision on the Bitwise spot fund for Dogecoin has been postponed to June 15, 2025.
* Solana (SOL): The decision on the Franklin Templeton spot fund for Solana has been postponed, with October 7, 2025, set as a potential deadline.
* Hedera (HBAR): The decision on the Grayscale spot fund for Hedera has been postponed, with October 8, 2025, set as a potential deadline.
* Ethereum (ETH): The determination on the proposed staking features for the Fidelity spot fund for Ethereum has been postponed.
Analysis and Predictions:
* Analysts see these postponements as anticipated and procedural, and that final decisions regarding most alternative cryptocurrency funds are likely to be issued in October 2025 or later.
* Some analysts believe that the SEC may wait until the new chair of the commission, Paul Atkins, officially takes office to make decisions on these applications.
* There is cautious optimism in the market about the eventual approval of these funds sometime in 2025, despite the delays.