The US SEC has postponed the ETF review of Polkadot and Hedera until June 11.

GateUser-d76e02b9 · 2025-04-24T21:57:08+00:00

SEC has postponed the decision deadline for Polkadot (DOT) and Hedera (HBAR) token-based cryptocurrency ETF proposals until June 11, allowing more time to review proposed rule changes. This delay impacts the diversification of institutional investor products until at least mid-June.

GateUser-d76e02b9

2025-04-24 21:57:08

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## Delay in Judgment of Altcoin ETF

The U.S. Securities and Exchange Commission (SEC) has postponed the deadline for a decision on a proposed listing and trading of a cryptocurrency spot ETF based on Polkadot (DOT) and Hedera (HBAR) tokens. According to a document released on June 24, the deadline for making a decision, which was originally set to last until this weekend, will be extended to June 11.

The SEC explains that it is “appropriate to establish a longer review period in order to provide sufficient time to consider the proposed rule changes and the issues raised there.” At the same time, the decision regarding Bitwise’s BTC and ETH basket ETF has also been postponed until June 10.

The SEC is currently reviewing 70 applications for cryptocurrency ETFs, and this delay is part of that process. As a result of these delays, the diversification of products for institutional investors will have to wait until at least mid-June.

DOT1,87%

HBAR1,5%

BTC1,7%

ETH1,68%

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