SEC delays decision on spot ETFs for 21Shares XRP Trust, Grayscale Dogecoin Trust, and Bitwise's ETH ETF proposal, setting a new deadline for July 2025.
Regulatory concerns lead to extended review periods for altcoin ETFs as SEC emphasizes investor protection regulations.
There is speculation that the SEC may be waiting for a broader digital asset regulatory assessment before approving ETFs, possibly aligning with new enforcement strategies.
SEC extends deadline for public comments on Bitwise Ethereum ETF proposal, with analysts predicting final approvals for altcoin ETFs possibly in October to address market risks and investor protections.