SEC is slowing down again: ETF for altcoins is in question
The Securities and Exchange Commission (SEC) is once again delaying the review process for ETF applications for altcoins. The reason? Regulators still haven't decided how to classify altcoins — are they securities or crypto assets?
What does this mean?
– While the SEC figures things out, major players can't launch ETFs on Ethereum, Solana, and other altcoins.
– Uncertainty is putting pressure on the market: investors are waiting for clarity, but there is none.
Slow ≠ Bad
Perhaps the delays are even for the better. If the SEC makes a hasty decision without clear rules, it could:
✔️ Crash the market due to thoughtless regulation.
✔️ Open loopholes for fraudulent schemes.
The SEC is clearly not keeping pace with the speed of the crypto market. But a long review is better than chaotic decisions. When regulators finally sort things out — it will give a new impulse for altcoins.
