#AltcoinETFsPostponed

The US Securities and Exchange Commission (SEC) has postponed its decision on several spot altcoin ETF applications, including those for Litecoin, XRP, and Solana. The delays apply to requests submitted by asset managers like Franklin Templeton, Grayscale, Bitwise, 21Shares, and WisdomTree.

*Postponed ETF Applications:*

- *Franklin Templeton's XRP ETF*: New decision date set for June 17, 2025

- *Bitwise's Dogecoin ETF*: New decision date set for June 17, 2025

- *Grayscale Hedera Trust*: Decision delayed, no new date specified

- *Franklin Crypto Index ETF*: Decision on staking delayed

The SEC is reviewing around 70 crypto ETF proposals, many involving altcoins like Solana, Litecoin, and Cardano. Analysts suggest investor interest may remain concentrated in Bitcoin and Ether ETFs, while altcoin ETFs may not guarantee market demand.

The postponements are part of the SEC's standard procedure, and analysts believe the delays don't negatively impact the likelihood of approval. The SEC awaits paperwork from the White House and filing from institutions, showing interest and demand for altcoins among clients.