Earlier right now, the SEC requested potential issuers of altcoin ETFs to withdraw their Kind 19b-4 purposes. XRP, Solana, Litecoin, Cardano, and Dogecoin merchandise could achieve expedited approval very quickly.
Nonetheless, a number of of those ETFs had imminent SEC deadlines; an LTC product was set to require a closing choice this week. If issuers withdraw these previous proposals, the method could lose this sense of urgency.
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Altcoin ETF Itemizing Requirements
When the SEC permitted new itemizing requirements for ETFs earlier this month, it appeared like a bullish growth for brand spanking new altcoin merchandise.
As buyers retreat from BTC and ETH merchandise, altcoins could have a possibility to take over. A brand new posture from the SEC has additional inspired excessive hopes:
In accordance with credible rumors, the SEC requested potential issuers of a number of altcoin ETFs to formally withdraw their Kind 19b-4 filings.
This directive particularly issues 5 key belongings: XRP, Solana, Cardano, Litecoin, and Dogecoin. Each XRP and Dogecoin just lately noticed massive breakthroughs, however we haven’t reached a 100% spot product fairly but.
On the floor, the SEC’s request appears extremely bullish for altcoin ETFs. If the Fee formally makes the previous course of out of date, this might hasten new approvals throughout the board.
A brand new wave of altcoin merchandise may considerably enhance crypto markets.
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A New Delaying Tactic?
Nonetheless, there’s one doable draw back: lots of the Kind 19b-4 altcoin ETF purposes had been because of attain a closing verdict quickly. Earlier than this announcement, the SEC was scheduled to make a agency dedication on one related product later this week:
*Huge* subsequent few weeks for spot crypto ETFs…
SEC closing deadlines approaching on quite a few filings.
Begins this week w/ deadline on Canary spot ltc ETF.
Can be adopted by selections on sol, doge, xrp, ada, & hbar ETFs (although SEC can approve all or any of those at any time when).
— Nate Geraci (@NateGeraci) September 28, 2025
Because the SEC issued this new directive, nonetheless, ETF consultants are uncertain how briskly the brand new altcoin approval course of could be.
If these potential issuers withdraw their submissions, the Fee will commerce an imminent and binding deadline for an ambiguous one.
In different phrases, as a lot as that is bullish, it might additionally represent a brand new stalling tactic. Two months in the past, the SEC permitted an altcoin ETF earlier than issuing a unprecedented delay someday later.
This product additionally confronted a closing deadline, however this unorthodox follow managed to defuse all urgency.
To this point, it’s unclear if the issuers will really withdraw their extant Kind 19b-4 purposes. Some or all of those deadlines could but stay binding.
