QCP Insights: Bitcoin Holds $82K As SEC Delays ETF Decisions for Top Altcoins

The U.S. SEC has delayed decisions on spot ETFs for major altcoins including XRP, SOL, ADA, and DOGE until May, citing the need for further review. Meanwhile, the agency will host a key roundtable to address crypto asset classification and pave the way for clearer regulation.

SEC Pushes Back Crypto ETF Decisions, Plans Roundtable on Industry Regulation

According to QCP Group’s latest market insights, global markets are still reeling from escalating trade tensions and macro uncertainty. On the other hand, the crypto industry has its eyes on the U.S. Securities and Exchange Commission (SEC), which has officially delayed decisions on several high-profile spot exchange-traded funds (ETFs).

Proposals tied to digital assets such as XRP, SOL, LTC, ADA, and DOGE have been pushed to May 2025 with the SEC citing a need for additional evaluation, signaling that further regulatory clarity is still in the works.

This delay arrives at a pivotal moment for the digital asset industry, which has been hoping for expanded ETF access to drive broader institutional adoption. To address lingering classification challenges, the SEC has announced a public roundtable discussion for Mar. 21 to be led by Commissioner Hester Peirce, a vocal advocate for thoughtful crypto regulation. The roundtable will explore crypto asset classifications and frameworks to support industry innovation.

Despite the push for clarity, markets responded with muted enthusiasm. With no immediate catalysts, bitcoin continues to trade range-bound, currently finding support near the $82,000 level. Until regulatory breakthroughs emerge, sideways trading is likely to persist across crypto markets.