Catenaa, Friday, March 14, 2025- The US Securities and Exchange Commission(SEC) delayed decisions on several altcoin exchange-traded funds (ETFs) on Tuesday, including proposals for Dogecoin (DOGE), XRP, Litecoin (LTC), and Cardano (ADA).
The regulator also postponed rulings on Solana (SOL) ETFs filed by 21Shares, Canary Capital, and VanEck.
Despite the setbacks, Bloomberg ETF analyst James Seyffart said approval prospects remain strong, with final deadlines set for October.
The SEC acknowledged filings for a Hedera (HBAR) ETF by Grayscale and a Dogecoin-related product by Bitwise. Additionally, Franklin Templeton entered the race with a new XRP ETF filing. Seyffart noted the delays were expected due to regulatory procedures and the unconfirmed appointment of Paul Atkins as SEC chair.
Bloomberg analysts estimate a 90% approval probability for a Litecoin ETF this year, 75% for Dogecoin, 70% for Solana, and 65% for XRP—significantly higher than pre-election forecasts.
