#AltcoinETFsPostponed The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several altcoin spot exchange-traded fund (ETF) applications, including those for XRP, Dogecoin (DOGE), Solana (SOL), and Hedera (HBAR). This move aligns with the SEC’s standard review process, which allows for extensions to thoroughly evaluate proposed rule changes and address regulatory considerations.  

Key Updates:

• XRP ETF: The SEC has extended the review period for Franklin Templeton’s spot XRP ETF application to June 17, 2025. This extension is procedural and does not indicate a rejection. 

• Dogecoin ETF: Bitwise’s proposed DOGE ETF is now under review until June 15, 2025. 

• Solana and Hedera ETFs: Applications for SOL and HBAR ETFs have also been delayed, with final decisions expected by October 2025. 

Analyst Perspectives:

Bloomberg analysts Eric Balchunas and James Seyffart view these delays as routine, noting that similar extensions occurred before the approvals of Bitcoin and Ethereum ETFs. They project high approval probabilities for these altcoin ETFs, with estimates ranging from 75% to 90%, depending on the asset.  

Market Implications:

While the delays may cause short-term uncertainty, they are part of the SEC’s thorough evaluation process. Investors and market participants are advised to stay informed and monitor updates as the new decision deadlines approach.  

#AltcoinETFsPostponed