The US Securities and Exchange Commission (SEC) has recently postponed decisions on several altcoin-based exchange-traded funds (ETFs). Among the assets discussed are cryptocurrencies like Dogecoin and Litecoin. These developments prompt discussions on the reasons for delays and their impact on the future of such financial products.
SEC's Postponements
On March 11, 2025, the SEC announced delays for several crypto ETFs filed by firms like Grayscale and 21Shares. These include well-known altcoins such as Dogecoin (DOGE) and XRP. According to industry analysts, the postponement is part of the standard regulatory process.
Reasons for Delays
Regulatory delays on ETFs are not uncommon in the crypto world. The SEC's primary concerns revolve around potential market manipulation and a lack of clear regulations. However, despite the delays, experts believe that the likelihood of altcoin ETFs being approved this year remains high.
Growing Interest in XRP ETFs
Grayscale's proposed XRP ETF has garnered significant interest. It marks the first spot XRP ETF application acknowledged by the SEC. Alongside Grayscale, several other major firms, including Bitwise and Canary Capital, have filed applications for XRP-based ETFs, heightening the level of competition.
The delays in decisions on crypto ETFs highlight the SEC's focus on regulatory issues and investor protection. Despite temporary setbacks, experts insist on a high likelihood of future approval.
