#AltcoinETFsPostponed #AltcoinETFsPostponed The US Securities and Exchange Commission (SEC) has postponed its decision on several altcoin ETF applications, including those for Litecoin, XRP, Solana, and Dogecoin. The delays are part of the SEC's standard procedure, with new deadlines set for June 17, 2025, for Franklin Templeton's spot XRP ETF and Bitwise's Dogecoin ETF.

*Postponed ETF Applications:*

- *Franklin Templeton's XRP ETF*: New deadline is June 17, 2025

- *Bitwise's Dogecoin ETF*: New deadline is June 17, 2025

- *21Shares Dogecoin ETF*: Deadline expected around October 18, 2025

- *Solana ETFs*: Filed by 21Shares, Canary, and VanEck, with deadlines yet to be finalized

*Reasons for Delay:*

- The SEC needs more time to evaluate proposed rule changes and address regulatory issues

- Confirmation of Trump's nominee for SEC Chair, Paul Atkins, is pending

*Analyst Insights:*

- James Seyffart, Senior ETF analyst at Bloomberg, believes the delays don't negatively impact the likelihood of approval

- Eric Balchunas, Chief ETF analyst at Bloomberg, notes that Bitcoin and Ethereum ETFs experienced similar procedural delays before receiving approval