SEC Delays Altcoin ETF Approval

The SEC has postponed the final decision on the spot ETFs for Ripple (XRP) and Dogecoin (DOGE) until mid-June, needing more time to assess compliance and market impact. Currently, the U.S. has only approved spot ETFs for Bitcoin and Ethereum, while the 'crypto-friendly' policies of the Trump administration have led to a surge in ETF applications for tokens like SOL and LTC, but the SEC remains cautious.