From Cointelegraph

April 24, 2025 6:10:00 pm:

The US SEC has delayed a decision on a Polkadot ETF until June 11, following Nasdaq’s request to list Grayscale Polkadot Trust. Around 70 proposed ETFs await SEC approval, including those holding altcoins and memecoins. Polkadot’s native token, DOT, has a market cap of $6.6 billion as of April 24.

Grayscale seeks SEC approval for altcoin ETFs, including Solana, Litecoin, XRP, Dogecoin, and Cardano. Institutional investors plan to increase crypto allocations in 2025. Analysts expect limited demand for altcoin ETFs compared to core cryptocurrencies like Bitcoin and Ether. ETF approval can increase exposure to potential investors.

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1. Bitcoin reaches new all-time high of $60,000, fueled by institutional interest and positive market sentiment. Market cap surpasses $1 trillion for the first time. Experts predict continued growth as more investors flock to the digital currency.

2. Ethereum upgrades to new network version, Ethereum 2.0, aiming to improve scalability and security. The upgrade marks a significant milestone for the popular cryptocurrency, with developers confident in its success. Ethereum price surges following the announcement.

3. Ripple faces lawsuit from SEC over alleged sale of unregistered securities. The lawsuit has caused XRP price to plummet by over 50%, with many exchanges delisting the token. Ripple vows to fight the charges and defend its position in court.

4. Dogecoin rallies to new highs after Elon Musk tweets in support of the meme-based cryptocurrency. The price surge has brought Dogecoin into the spotlight, with many retail investors jumping on the bandwagon. However, experts warn of the risks associated with investing in speculative assets.: SEC delays decision on Polkadot ETF