#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin exchange-traded funds (ETFs), including those for XRP and Dogecoin. Here are the key details ¹ ² ³:
- *Postponed ETFs:*
- *Franklin Templeton's XRP ETF*: New review deadline set for June 17, 2025
- *Bitwise's Dogecoin ETF*: Next review scheduled for June 15, 2025
- *21Shares Dogecoin ETF*: Part of the broader evaluation process under standard SEC timelines
- *Reasons for Delay:*
- The SEC needs more time to evaluate proposed rule changes and address regulatory issues
- Delays are part of the standard review process and don't necessarily signal rejection
- *Potential Impact:*
- Approval of these ETFs could attract more buyers, potentially increasing prices of XRP, Dogecoin, and Solana
- Investors have a strategic window to buy these altcoins ahead of potential ETF-driven price increases
- *Timeline:*
- Final decisions on some crypto ETFs, including Solana's, might not come until around October 18, 2025
- The SEC is reviewing around 70 crypto ETF proposals, many involving altcoins
The postponement reflects the SEC's cautious approach to regulating cryptocurrencies. Despite the delay, analysts believe the ultimate likelihood of approval remains intact. The Trump administration's crypto-friendly stance might also boost chances of ETF approvals later this year ².
