The US Securities and Exchange Commission (SEC) has delayed decisions on several crucial cryptocurrency exchange-traded fund (ETF) applications, including those related to Ethereum, Ripple, and Dogecoin. This decision sparked speculation about whether other altcoins like Solana and Hedera might face similar delays. The SEC’s prolonged evaluation of these applications is attributed to regulatory hurdles that need to be addressed before a definitive approval can be given. 3 major ETF applications were postponed: Franklin Templeton’s spot XRP ETF, Fidelity’s spot Ethereum ETF with staking features, and Bitwise’s spot DOGE ETF. While the specific deadlines for these applications remain unclear, they are now expected to meet federal regulators by June 17, 2025, with review dates still pending through mid-2025. The SEC’s cautious approach has caused uncertainty in the market and may hinder institutional adoption of XRP, Ethereum, and Dogecoin. However, analysts believe these delays are part of a standard protocol and anticipate approval by late June or early July 2025, possibly accelerated by Grayscale’s GDLC conversion. James Seyffart predicts that SEC decisions on these applications will likely impact other pending ETF requests, including Solana and Hedera. Bloomberg analysts predict increased activity in the cryptocurrency ETF market following the SEC’s decision regarding the final deadlines for these applications. The delays have also sparked interest from 21Shares, which filed a Dogecoin ETF proposal with Nasdaq based on the SEC’s proposed document (SR-NASDAQ-2025-034). Meanwhile, SEC delays continue to influence institutional investor sentiment, adding uncertainty about future regulatory clarity in the cryptocurrency market.