#AltcoinETFsPostponed
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several requests for exchange-traded funds for alternative cryptocurrencies, including requests for Litecoin, XRP, Solana, and Dogecoin. This delay is part of the agency's cautious approach to regulating cryptocurrencies, raising concerns among investors and issuers about when - or if - these funds will be approved¹.
*Affected Exchange-Traded Funds:*
- *Litecoin ETF*: Delayed, with no specific deadline announced yet.
- *XRP ETF*: The decision has been postponed until June 17, 2025, for the Franklin Templeton instant XRP ETF.
- *Solana ETF*: Delayed, with multiple requests pending, including from 21Shares and VanEck.
- *Dogecoin ETF*: Delayed, pending approval for the Bitwise Dogecoin ETF and the 21Shares Dogecoin ETF.
The U.S. Securities and Exchange Commission (SEC) is reviewing approximately 70 proposals for cryptocurrency exchange-traded funds, many of which include alternative coins. Analysts believe that the delay is a routine procedure and does not necessarily indicate rejection. The final deadlines for these funds extend to October 2025²³.