#AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin exchange-traded funds (ETFs), including ¹ ² ³:
- *VanEck Spot Solana ETF*
- *Canary Spot Solana ETF*
- *Canary Spot XRP ETF*
- *Grayscale Spot XRP ETF*
- *Canary Spot Litecoin ETF*
- *Grayscale Spot Dogecoin ETF*
Bloomberg ETF analyst James Seyffart considers this delay "as expected," noting that the SEC often takes its time to review filings. The final decision deadlines for these ETFs are set for October, with some analysts predicting a high chance of approval later this year ¹ ³ ⁴.
*Approval Odds:*
- *Litecoin (LTC)*: 90% probability of approval
- *Dogecoin (DOGE)*: 75% chance of approval
- *Solana (SOL)*: 70% chance of approval
- *XRP*: 65% chance of approval
The SEC's cautious approach to altcoin ETFs may be due to concerns about market manipulation and lack of clear regulations. However, experts believe that regulatory clarity could speed up the approval process ⁵ ⁴.
