{"id":17308,"date":"2025-03-11T23:49:52","date_gmt":"2025-03-11T23:49:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17308"},"modified":"2025-03-11T23:49:52","modified_gmt":"2025-03-11T23:49:52","slug":"sec-postpones-altcoin-etf-decisions-but-2025-approval-prospects-remain-strong","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17308","title":{"rendered":"SEC postpones altcoin ETF decisions but 2025 approval prospects remain strong"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400;\">The US Securities and Exchange Commission (SEC) delayed various altcoin-based exchange-traded funds (ETFs) on March 11. According to Bloomberg ETF analyst <a href=\"https:\/\/cryptoslate.com\/people\/james-seyffart\/\">James Seyffart<\/a>, the approval odds for these ETFs this year are still relatively high.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Decisions on <a href=\"https:\/\/cryptoslate.com\/companies\/grayscale-investments\/\">Grayscale\u2019s<\/a> filings for Dogecoin (<a href=\"https:\/\/cryptoslate.com\/coins\/dogecoin\/\">DOGE<\/a>), <a href=\"https:\/\/cryptoslate.com\/coins\/xrp\/\">XRP<\/a>, Litecoin (<a href=\"https:\/\/cryptoslate.com\/coins\/litecoin\/\">LTC<\/a>), and Cardano (<a href=\"https:\/\/cryptoslate.com\/coins\/cardano\/\">ADA<\/a>) ETFs were delayed. The SEC also delayed decisions for XRP ETFs filed by <a href=\"https:\/\/cryptoslate.com\/companies\/canary-capital\/\">Canary Capital<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/bitwise\/\">Bitwise<\/a>, and <a href=\"https:\/\/cryptoslate.com\/companies\/21shares\/\">21shares<\/a>.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The regulator also postponed decisions on the Solana (<a href=\"https:\/\/cryptoslate.com\/coins\/solana\/\">SOL<\/a>) ETFs filed by 21shares, Canary, and VanEck. Canary\u2019s Litecoin filing was the last altcoin-related ETF delay.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other crypto ETF delays include in-kind creation and redemptions for <a href=\"https:\/\/cryptoslate.com\/companies\/blackrock\/\">BlackRock\u2019s<\/a> <a href=\"https:\/\/cryptoslate.com\/products\/ishares-bitcoin-trust\/\">IBIT<\/a>, as well as <a href=\"https:\/\/cryptoslate.com\/companies\/fidelity-investments\/\">Fidelity\u2019s<\/a> <a href=\"https:\/\/cryptoslate.com\/products\/fidelity-wise-origin-bitcoin-trust\/\">FBTC<\/a> and <a href=\"https:\/\/cryptoslate.com\/products\/fidelity-ethereum-fund\/\">FETH<\/a>. 21shares also saw a delay in the proposal to include staking in its Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) ETF.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the delays, the SEC acknowledged Grayscale\u2019s filing for a Hedera (<a href=\"https:\/\/cryptoslate.com\/coins\/hedera\/\">HBAR<\/a>) ETF and Bitwise\u2019s DOGE-related filing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, on March 11, <a href=\"https:\/\/cryptoslate.com\/companies\/franklin-templeton\/\">Franklin Templeton<\/a> filed an S-1 Form for an XRP ETF, joining a new altcoin exchange-traded product race.<\/span><\/p>\n<h2><strong>High chances of approval<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Seyffart<\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1899551715197628838\">assessed<\/a><\/strong><span style=\"font-weight: 400;\"> that the multiple delays were expected, as \u201cthis is standard procedure.\u201d He added that Paul Atkins has not been confirmed as the new SEC chair, which is also a factor in the delays.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The analyst also highlighted that the final deadlines for an SEC decision on all ETFs are due in October and that the odds of approval are still relatively high.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In February, Seyffart and Bloomberg senior ETF analyst <a href=\"https:\/\/cryptoslate.com\/people\/eric-balchunas\/\">Eric Balchunas<\/a><\/span> <strong><a href=\"https:\/\/cryptoslate.com\/bloomberg-analysts-rankings-show-litecoin-leading-altcoin-etf-approval-race-while-xrp-trails\/\">published their approval odds<\/a><\/strong><span style=\"font-weight: 400;\"> for Litecoin, Solana, XRP, and Dogecoin ETFs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">LTC leads the odds with a 90% probability of approval this year, with DOGE holding the second-largest percentage at 75%. SOL trails close behind with 70% chances, and XRP with a 65% chance of approval.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The analysts highlighted that these odds were less than 5% before President <a href=\"https:\/\/cryptoslate.com\/people\/donald-trump\/\">Donald Trump\u2019s<\/a> November election, making the new numbers relatively high.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the odds for all ETFs listed by Balchunas and Seyffart could go up if regulatory conditions in the US improve even further.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptoslate.com\/sec-postpones-altcoin-etf-decisions-but-2025-approval-prospects-remain-strong\/\">SEC postpones altcoin ETF decisions but 2025 approval prospects remain strong<\/a> appeared first on <a href=\"https:\/\/cryptoslate.com\/\">CryptoSlate<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission (SEC) delayed various altcoin-based exchange-traded funds (ETFs) on March 11. According to Bloomberg ETF analyst James Seyffart, the approval odds for these ETFs this year are still relatively high. Decisions on Grayscale\u2019s filings for Dogecoin (DOGE), XRP, Litecoin (LTC), and Cardano (ADA) ETFs were delayed. The SEC also delayed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17308","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17308"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17308\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}