#AltcoinETFsPostponed The U.S. Securities and Exchange Commission (SEC) has postponed decisions on several applications for exchange-traded funds (ETFs) based on altcoins, including those for Solana (SOL), XRP, Litecoin (LTC), Dogecoin (DOGE), and Cardano (ADA). These delays, announced on March 11, 2025, are attributed to the SEC's need for additional time to thoroughly evaluate the proposals and address leadership transitions.

The postponements impact filings from major firms such as Grayscale, 21Shares, VanEck, Canary Capital, and Bitwise. Notably, decisions on Grayscale's XRP and Dogecoin ETFs, as well as 21Shares' and VanEck's Solana ETFs. The SEC has set new deadlines to review these applications, extending the approval process into the second half of 2025. For instance, the decision on the Canary Spot ADA ETF has been moved to the 29th, with a positive outlook on the likelihood of approval for these ETFs within 2025. While Binance is not directly involved in these specific ETF applications, the SEC's cautious approach reflects the broader regulatory environment affecting the cryptocurrency industry.