#AltcoinETFsPostponed
With the increasing institutional interest in the world of cryptocurrencies, the focus is no longer limited to "Bitcoin" and "Ethereum". Attention is now turning towards alternative cryptocurrencies (Altcoins) such as Solana, Polkadot, and Avalanche. Despite the growing demand from investors for the launch of ETF funds based on these currencies, U.S. regulatory bodies, particularly the Securities and Exchange Commission (SEC), have decided to postpone the approval of many of these funds. But is the delay merely a regulatory caution? Or is it a hidden strategy with deeper economic and geopolitical implications?
Is there a "political arrangement" for cryptocurrencies?
It is rare to discuss the idea that there is a "political arrangement" for cryptocurrencies, as some currencies are marketed and adopted gradually according to global economic priorities. For example, the Bitcoin ETF was passed after years of waiting, while the Ethereum ETF is still in the approval queue. As for alternative currencies, despite their technical development, they are always placed in the waiting category.
Could regulatory bodies be waiting for a mature regulatory environment that allows for the introduction of alternative currencies under a stricter system before allowing them to be traded widely in public markets?
Deferred Altcoin ETF funds
The postponement of investment funds freezes part of the institutional liquidity that had been supporting emerging blockchain projects.