HOT MOMENTS: A Critical Evening for Altcoin Spot ETFs – Here Are the Important Documents Published by the SEC

This evening, the SEC delayed its decision on a number of altcoin spot ETFs. While these decisions may come as a surprise to some coming from the SEC, which now has a crypto-friendly administration, Bloomberg analysts believe that despite the delays, many altcoin ETFs will eventually be approved.

The decisions announced by the SEC this evening were as follows:

• SEC delays approval of Franklin’s spot Solana ETF.
• SEC delays decision on Grayscale’s spot Hedera ETF.
• The SEC has postponed its decision on staking for Fidelity’s spot Ethereum ETF.
• SEC postpones decision on Franklin spot XRP ETF
• The SEC has delayed Bitwise’s application for a Dogecoin Spot ETF.

*This is not investment advice.