#AltcoinETFsPostponed

The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several spot altcoin ETFs, including those for Solana (SOL), XRP, Litecoin (LTC), Dogecoin (DOGE), and Hedera (HBAR). This delay affects several applications from companies such as VanEck, Canary Capital, Grayscale, Bitwise, and 21Shares.

*Delayed ETF Applications:

- *Solana ETF*: VanEck Solana Spot ETF and 21Shares Solana ETF

- *XRP ETF*: Grayscale XRP Spot ETF and Franklin Templeton XRP ETF

- *Litecoin ETF*: Canary Litecoin Spot ETF

- *Dogecoin ETF*: Grayscale Dogecoin Spot ETF and Bitwise Dogecoin ETF

- *Hedera ETF*: Undetermined application

*Reasons for Delay:

The SEC cites the need for additional time to evaluate proposed rule changes and potential market impact. Analysts believe that this delay reflects the SEC's cautious approach to non-Bitcoin crypto assets.

*Market Expectations:*

Despite the delay, experts remain optimistic about upcoming approvals. Bloomberg ETF analyst James Seyffart notes that delays are standard procedure, and the final deadline for these ETFs has been extended to October 2025. Nate Geraci, president of The ETF Store, also expects approval to come this year, with an 85% chance of approval for the SOL spot ETF ² ¹ ³.

*Potential Impact:*

Approval of altcoin ETFs could increase investor exposure to these assets, but some analysts warn that demand may be limited compared to Bitcoin and Ethereum ETFs ⁴.