SEC Delays Dogecoin and XRP ETFs: Could This Fuel an Altcoin Rally?

The SEC’s continued delays on cryptocurrency ETF applications, including the XRP ETF, are fueling speculation about a potential altcoin surge. Bloomberg analyst James Seyffart acknowledges that these delays align with typical timelines for final submissions in October or beyond. However, Jamie Coutts, Chief Crypto Analyst at Real Vision, posits that the altcoin season may already be underway despite these regulatory hurdles. The U.S. Securities and Exchange Commission (SEC) is facing scrutiny over its handling of these applications.