The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.
In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed.
Among the affected ETFs are Grayscale’s XRP (XRP) and Cboe BZX Exchange’s spot Solana (SOL) ETF filings, with the decisions on them pushed until May.
The SEC has delayed making a decision to approve several altcoin ETFs. Source: SEC
Bloomberg ETF analyst James Seyffart said in a March 11 X post that while the SEC just “punted on a bunch of altcoin ETF