#AltcoinETFsPostponed

The approval of exchange-traded funds (ETFs) based on alternative cryptocurrencies has been postponed. On March 11, 2025, the U.S. Securities and Exchange Commission (SEC) announced a delay in approving several exchange-traded funds (ETFs) based on alternative cryptocurrencies. The affected applications include ETFs for cryptocurrencies such as XRP, Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE). This postponement gives the U.S. Securities and Exchange Commission (SEC) additional time to thoroughly evaluate these proposals before making final decisions.

Specific Delays:

XRP ETFs: The U.S. Securities and Exchange Commission (SEC) has postponed decisions regarding the XRP ETF applications submitted by Grayscale and Canary Capital, extending the review period to May 21, 2025.

Solana ETFs: The proposals submitted by 21Shares, Canary, and VanEck regarding Solana ETFs have been postponed, with the next decision date expected in May 2025.

Litecoin and Dogecoin ETFs: The U.S. Securities and Exchange Commission (SEC) has postponed decisions on the Litecoin and Dogecoin ETF applications, including those submitted by Grayscale and Canary Capital.