In light of the U.S. Securities and Exchange Commission (SEC) postponing its decisions regarding exchange-traded funds (ETFs) related to alternative cryptocurrencies, the cryptocurrency community is experiencing a state of anticipation and increasing interest.
#AltcoinETFsPostponed | Postponement of alternative cryptocurrency index funds
Among the most notable of these postponements is the agency's decision to delay the consideration of Franklin Templeton's request to launch a cryptocurrency index fund until early 2025, citing the need for more time to study the proposed changes and related issues.
Decisions have also been postponed regarding requests for index funds that include currencies such as:
Dogecoin (DOGE)
XRP
Litecoin (LTC)
Cardano (ADA)
Solana (SOL)
This reflects the agency's cautious approach to regulating digital assets.
Despite the postponements, analysts like James Seyffart from Bloomberg believe that the chances of approval remain high, as these postponements are a routine part of the review process.
It is worth noting that interest from financial institutions is increasing, with companies like Franklin Templeton submitting requests for index funds related to XRP and SOL, confirming the ongoing expansion in this field.
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