Overview

• The SEC has postponed decisions on multiple crypto ETF applications to October, extending uncertainty for proposed funds tied to Solana, XRP and other tokens.
• Bitfinex’s latest market note argues a durable altcoin rally is unlikely before spot products debut and begin attracting institutional inflows.
• Altcoins continue to face selling pressure and a cautious investor base despite ongoing crypto market gains, according to the analysis.
• Dozens of filings remain under review, including Solana products from 21Shares and Bitwise plus 21Shares’ Core XRP Trust and a delayed Bitcoin‑Ethereum blend.
• Issuers are still active, with Canary Capital recently submitting an S‑1 for an “American‑Made Crypto ETF,” while some commentators speculate on high approval odds for select funds.