#AltcoinETFsPostponed #AltcoinETFsPostponed As of April 30, 2025, the U.S. Securities and Exchange Commission (SEC) has postponed decisions on multiple altcoin-based exchange-traded fund (ETF) applications, including those for XRP, Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), Cardano (ADA), and Polkadot (DOT). The SEC cited the need for additional time to thoroughly evaluate these proposals.  Despite these delays, analysts remain optimistic about the eventual approval of altcoin ETFs in 2025. Bloomberg ETF analyst James Seyffart noted that such postponements are standard procedure and that the final deadlines for decisions extend into October. 
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Bitcoin’s rise in short-term trader balances signals renewed speculative demand, potentially marking the start of a broader uptrend rather than just a relief rally.
Dogecoin and Ripple's ETF still have to wait, it is not easy for altcoins to break out
Recently, the U.S. Securities and Exchange Commission (SEC) announced that it has postponed the decision on two cryptocurrency ETF applications that were originally scheduled for a decision soon until June of this year. One of these ETFs is primarily based on Dogecoin (DOGE), and the other is primarily based on Ripple (XRP), applied for by Bitwise and Franklin Templeton respectively. In other words, these two popular 'altcoin' ETFs still have to wait and cannot be listed for the time being. $XRP $DOGE #SEC推迟多个现货ETF审批
In fact, it is not just these two companies. Another company, 21Shares, has also submitted an application for a Dogecoin ETF, preparing to list on NASDAQ. These companies are all very proactive, wanting to secure a place in the crypto market boom. Currently, Dogecoin's market value is about $26 billion, while Ripple is even higher, reaching over $130 billion, both being among the 'front row' projects in the crypto space.
However, although there are many applications, it is not easy for these altcoin ETFs to actually materialize. The SEC has already received over 70 related applications this year, but most investors are still focusing their attention on Bitcoin. After all, Bitcoin is like 'digital gold,' with a clear positioning and high recognition; whereas altcoins each have their own characteristics, some even have a bit of entertainment value, making them less appealing to traditional institutions. 点击进入讨论组 The SEC's delay this time is not necessarily a bad thing. Rather than rushing to launch, it is better to give the market more time to understand these coins and allow for clearer regulation. When the timing is right, perhaps altcoin ETFs can truly 'break out.'
Today's News: 1. Movenent Network Foundation: 740 million MOVE has been transferred to the foundation's address for MoveDrop preparations; 2. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on five cryptocurrency-related exchange-traded fund (ETF) applications, including Franklin Templeton's spot Solana (SOL) and XRP ETFs, and Grayscale's spot Hedera (HBAR) ETF. Bloomberg ETF analyst James Seyffart stated on Platform X that this move was expected since most projects have a final deadline of October 2025 or later, but he did not rule out the possibility of further delays this week. According to the approval schedule, many postponed ETF products will still face final approval deadlines between the third and fourth quarters; 3. Russia's anti-money laundering agency plans to classify illegal cryptocurrency mining as a crime; 4. The U.S. spot Bitcoin ETF saw a net inflow of $173 million yesterday; 5. According to Cointelegraph, the number of new tokens on Base's decentralized exchange (DEX) reached 112,000 last week, double that of March. Despite hitting a new high, Base still lags behind Solana, which added 252,000 wallets; 6. Data: The number of unique addresses on Ethereum's Layer 2 network has reached 13.6 million, a record high; 7. Trump: Tariffs have not really started yet; 8. The U.S. Senate plans to vote on the stablecoin bill before May 26; 9. The probability of the Federal Reserve keeping interest rates unchanged in May is 92.3%; 10. Trump Media & Technology Group stated in a letter to shareholders: "As part of the incentive plan, we are exploring the introduction of a utility token in the Truth digital wallet, which can initially be used to pay for Truth+ subscription fees and may be applicable to other products and services in the Truth ecosystem in the future." 11. All three major U.S. stock indexes closed higher, with the Dow rising 0.72%, the S&P 500 up 0.58%, and the Nasdaq up 0.55%. Both the Dow and S&P 500 recorded six consecutive daily gains. Most large tech stocks rose, with Tesla up over 2%, Netflix up over 1%, and Apple, Microsoft, Nvidia, and Meta slightly up; Google and Amazon dipped slightly; 12. The SEC has postponed its decision on Fidelity's request to add staking features to its spot Ethereum ETF; 14. Economist: The Federal Reserve is expected to cut interest rates twice this year, with the timing in the second half.
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Recently, Japanese celebrity Yua Mikami announced her entry into the cryptocurrency field, and the news of her plan to issue a personal brand token has sparked heated discussion. It is reported that the token may be deeply tied to her fan economy, and holders may enjoy exclusive photos, priority for performance tickets, and online interaction rights.
In recent years, issuing tokens by celebrities has become a global trend. From Elon Musk's Dogecoin to JJ Lin's NFT project, public figures are using blockchain technology to explore new modes of fan interaction. As a phenomenon-level idol in Asia, Yua Mikami boasts a fan base of millions, and this crossover may promote the evolution of "Idol Economy 2.0," innovatively combining content monetization and community operation through tokens.
However, celebrity cryptocurrency projects often come with controversies. Market experts warn that such tokens often face issues like severe price fluctuations and insufficient liquidity, and some projects are even suspected of indirectly harvesting the fan economy. Yua Mikami's team has yet to disclose specific technical architecture and regulatory compliance plans, and investors need to be wary of market bubble risks.
Whether this crossover experiment will open a new paradigm for the idol economy in the digital age or become just another capital game remains to be seen. However, it is undeniable that blockchain technology is reshaping the business logic of the entertainment industry.
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