🚨 Massive Blow to Crypto! SEC Halts Multi-Crypto ETF Plans

What was supposed to be a game-changer for altcoins has now turned into a major disappointment.

The long-awaited spot ETF—which aimed to include major altcoins like XRP, Solana (SOL), Cardano (ADA) alongside Bitcoin—has been suddenly paused by the SEC. The reason? "Administrative errors," according to their statement.

📉 The Fallout:

XRP plunged by -10%, SOL dropped -6.5%, and ADA slid -8%

Over $800 million in long positions were liquidated, mostly from altcoins

Hopes for an "altseason" have been crushed—investors were betting on this ETF to drive serious inflows into the altcoin market

This reversal has not only shaken market confidence but also reignited frustration over regulatory uncertainty in the U.S. crypto space. Just when momentum was building, the rug got pulled.
#SECvsCrypto #AltcoinCrash #XRPArmy #Solana #Cardano