SEC Kicks Altcoin ETF Can Down the Road—Solana, XRP, and Dogecoin Still in Play
Regulators hit snooze on crypto ETFs—again. The SEC’s latest delay pushes any potential altcoin fund approvals to June, leaving traders scrambling for alternatives.
Solana, XRP, and Dogecoin emerge as prime candidates for speculative plays. Their liquidity and name recognition make them the obvious hedges against Wall Street’s glacial pace.
Meanwhile, institutional money circles like vultures—because nothing says ’financial innovation’ like waiting for permission to invest. Buy the rumor, sell the news... if it ever arrives.
When Will The SEC Approve Crypto ETF Products?
The SEC is the agency in charge of approving ETFs in the United States. It reviews each application to ensure it follows the rules and protects investors from risks. Delays are common, especially for newer assets like cryptocurrencies, because the SEC wants to be thorough. Here are the specific timelines for these altcoin ETFs:
- Franklin Templeton’s XRP ETF: Next review set for June 17, 2025.
- Bitwise’s Dogecoin ETF: Next review scheduled for June 15, 2025.
- Franklin Templeton’s Solana ETF: Final decision due by October 7, 2025.
These delays are just the SEC taking extra time to study the proposals. It’s a standard step, not a sign of rejection. The agency wants to ensure everything is SAFE and legal before letting these ETFs hit the market.
Investors and companies like Franklin Templeton and Bitwise see potential in these coins, which is why they’re pushing for ETFs. If approved, these funds could attract more buyers, which might lift the prices of XRP, Dogecoin, and Solana.
The SEC delayed making a verdict on the Franklin Templeton-linked spot XRP ETF until June 17
— WF (@WhaleFUD) April 30, 2025
More Time To Buy After SEC Delays Altcoin ETFs – The Approval Could Push SOL, XRP And DOGE To New Highs
The Trump administration is showing a positive attitude toward crypto. Just at the beginning of 2025, President Trump signed an executive order called “Strengthening American Leadership in Digital Financial Technology.” This order encourages growth in digital assets and blockchain tech. It also set up a working group to create clear rules for the crypto industry.
In addition, the SEC formed a task force to determine how to regulate crypto. These moves suggest the government might support altcoin ETFs down the line. A friendlier regulatory environment could nudge the SEC toward approval, though it will still demand safety and compliance.
These delays give investors a window to plan. If the SEC approves the ETFs, more people might buy XRP, Dogecoin, and Solana, increasing prices. Some might jump in now, betting on future gains. Others might hold off until the SEC makes its call.
The SEC’s delays are expected, but that doesn’t mean the ETFs are doomed. Investors have until June 2025 to expand their investments to XRP, Dogecoin, and Solana. If approved, these ETFs could spark bigger interest in altcoins, and we could probably see new ATHs for these altcoins.
Key Takeaways
- The SEC’s postponement of ETF decisions for XRP, Dogecoin, and Solana is part of its standard review process— it’s not to consider a rejection.
- Next Review Dates in June: XRP and DOGE ETF reviews are set for mid-June 2025, while a final decision on SOL is expected by October 2025.
- Investors now have a strategic window to buy SOL, XRP, or DOGE ahead of potential ETF-driven price increases. At least few more months before that.
- Trump administration’s crypto-friendly stance, including a 2025 executive order, could boost chances of ETF approvals later this year. The ETFs could push the price of these altcoins to new ATHs.
