The US Securities and Exchange Commission (SEC) continues to navigate a complex regulatory landscape, but its delays are fueling optimism in the altcoin ETF market. Recent decisions to postpone applications for both Cardano’s (ADA) and Franklin Templeton’s XRP funds have sparked anticipation for potential approvals of spot-based Ethereum and other altcoins. 21Shares’ official application for a Dogecoin (DOGE) ETF, coupled with WisdomTree’s public consultation for an XRP fund, are further signs of market momentum. While the future remains uncertain, predictions by Polymarket indicate a promising outlook for XRP and other major altcoins. With increased participation in trading based on these applications and surging contract prices, investors are increasingly optimistic about the potential for SEC approval.